THIS IS AN EXAMPLE OF A RECENT DAILY UPDATE
Thursday, February 16th 2017
today’s storylines
2. As far as today’s session is concerned, it was largely a mixed and lifeless session for the ETFs we follow. The ETFs that did move with any purpose all moved lower. They were IYT (Transportation), UNG (Natural Gas), EWZ (Brazil), and XLE (Energy). Every other ETF gave us a small and inconsequential move. There’s no reason to make things complicated; higher prices are indicated and that is what we are (and have been) positioned for.
recommended near-term trades
changes made today
– we bought VEU (World minus US) today when it moved above our entry level at 47.00
– we also improved the stop levels on our SPY (S&P 500) and IWM (Russell 2000) trades
our current trades (example)
* all current trades can be entered any time after we’ve entered the trade
etf | name | entry date | trade | entry level | stop level | current price | current return |
VEU | World minus US | 2/16/17 | long | $47.00 | $44.25 | $46.99 | -0.01% |
XLY | Discretionary | 1/25/17 | long | $85.00 | $83.50 | $86.33 | +1.55% |
FXA | Australian Dollar | 1/24/17 | long | $76.00 | $73.50 | $76.96 | +1.26% |
FXI | China | 1/10/17 | long | $36.25 | $36.25 | $38.74 | +6.87% |
EWG | Germany | 12/13/16 | long | $26.25 | $26.50 | $27.64 | +5.37% |
XLF | Financials | 11/14/16 | long | $21.75 | $23.50 | $24.46 | +12.46% |
IWM | Russell 2000 | 11/10/16 | long | $123.00 | $130.00 | $139.20 | +13.17% |
SPY | S&P 500 | 6/29/16 | long | $206.00 | $228.00 | $234.72 | +13.94% |
our pending trades (example)
* these are trades we are preparing to enter once our “entry level” is hit
action | etf | etf name | entry level | place stop level at | current price |
buy | GLD | Gold | 119.00 | 115.00 | 118.08 |
buy | UUP | U.S. Dollar | 27.00 | 25.50 | 25.95 |
ETF chart database
*key for each chart’s box color: Green = near-term uptrend, Red = near-term downtrend, Gray = countertrend move
Today’s most interesting charts: UNG (Natural Gas), VEU (World minus US), and XLV (Health Care)
market index ETFs
market sector ETFs
global market ETFs
commodity ETFs
currency ETFs
bond and volatility ETFs
If you have any questions, feedback, or ideas on how we could do anything better, please email ryan@trendlizard.com
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