NatGas Trades May 9th closing price of ERX tells us that it is time to close all Natural-Gas / Energy trades that we entered in late January. Previous closes produced good profits – see here, here and here. Exit ERX – Direxion Daily Energy Bull 3X Shares ETF – at or around 105.90, the close on May 9th ERX was entered on Jan 24th…
Back on April 25th, we made a case for our “Sell in May” seasonal strategy. Based upon our proprietary entry-exit signal algorithm, the exit signals for broader market ETFs were generated in the week before that post. Since then we were on a lookout for the compendium set of trades using bond ETFs. The closing price…
The Natural-Gas / Energy trades are shaping up pretty well this year. So far we have banked profits in four trades (here and here). Now is the time exit one more. Exit XLE – Energy Select Sector SPDR ETF – at or around 93.82, the close on April 29th XLE was entered on Jan 24th at 84.33 and resulted in 11.3%…
The favorable period for Utility sector is coming to a close and April 28th closing price has given the exit signal for the last ETF trade. Exit FXU – First Trust Utilities AlphaDEX – at or around 22.80, the close on April 28th FXU was entered in early March at 21.42 and resulted in 6.4% gain in 55 days. This closes all trades for…
Energy / Nat Gas Trades The closing prices on April 25th tell that it is time to get out of some more Energy / Nat-Gas seasonal trades that we put on in late January. Exit XES – S&P Oil & Gas Equipment & Services ETF – at or around April 25th close of 46.76 Exit PXJ – PowerShares Dynamic Oil & Gas Services ETF…
In 2012, Ben Jacobsen, Professor of Finance, Massey University of New Zealand and Cherry Yi Zhang, Professor at Nottingham University Business School, China, published a paper, Are Monthly Seasonals Reals?, analyzing 300 years of UK stock market data. Their conclusion was that a good case could be made for monthly seasonal anomalies in the stock market returns. The professors analyzed…
The closing prices on April 24th tell that it is time to get out of some of the Energy / Nat-Gas seasonal trades that we put on in late January. Exit PXI – PowerShares DWA Energy Momentum Portfolio ETF – at or around 60.90, the close on April 24th Exit OIH – Oil Services ETF – at or…
Long Setups: Bullish 50-over-200 SMA Cross Over Name Symbol Exchange Sector Industry Last Close Volume Ctrip.com Intl Ltd. CTRP NASD Cyclicals Travel & Tourism 47.75 3,307,652 SPDR Gold Trust Shares GLD NYSE 125.41 8,575,464 Annaly Capital Management, Inc. NLY NYSE Financial Mortgage REITs 11.20 9,790,345 PNC Financial Services Group, Inc. PNC/PQ NYSE 21.33 109,065 Urstadt…
Long Setups Embraer Aircraft (ERJ) is bouncing off 61.8% Fibonacci retracement. 50D SMA is crossing over 200D SMA and MACD is giving a buy signal. Resistance is near 36.62. The stop below recent low of 32.82 and the ABCD pattern measured (AB:CD) target would be near 39.65 giving 2.9 reward-to-risk ratio. Excel Trust Inc. (EXL)…
Bullish Cross Over – 50D MA over 200D MA. Acorda Therapeutics Inc. (ACOR): A close above yesterday’s high of 38.60 would be bullish and a close above the double top of 39.95 on 3/19/14 would be a conservative long setup. Allegiant Travel Co (ALGT) – look for a break above 112.44 for a good setup.…
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