THIS IS AN EXAMPLE OF A RECENT DAILY UPDATE

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 TrendLizard’s Daily Update

Thursday, February 16th 2017

today’s storylines 

1. We’ve been waiting for the market’s uptrend to resume after several weeks of sideways movement. Thanks to a strong start to the month of February, there’s no doubt that it has. Today’s session was the 12th session of the month, and only the second time that SPY (S&P 500) and QQQ (Nasdaq) closed lower. In those two declining sessions, SPY has lost a total of 0.26% and QQQ 0.11%. The point is that it’s been a lot easier for the market to move higher than lower lately. There is no reason to think that will change any time soon. Most of the ETFs we follow, including the majority of our U.S. market index, U.S. market sector, and global market ETFs, remain bullish and are expected to continue higher from here.

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

*for mobile users,  please view in landscape to see all portfolio information*
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

SPY (S&P 500)


DIA (Dow Jones)

QQQ (Nasdaq)

IWM (Russell 2000)

IYT (Transports)

 
market sector ETFs

IBB (Biotech)

IYR (Real Estate)

IYZ (Telecom)

XLE (Energy)

XLF (Financials)

XLK (Technology)

XLV (Health Care)

XLY (Discretionary)

 
global market ETFs

EEM (Emerging Mkts)

EPI (India)

EWA (Australia)

EWC (Canada)

EWG (Germany)

EWJ (Japan)

EWS (Singapore)

EWU (United Kingdom)

EWZ (Brazil)

FXI (China)

RSX (Russia)

VEU (World less US)

commodity ETFs

DBA (Agriculture)

GLD (Gold)

JO (Coffee)

SLV (Silver)

UNG (Natural Gas)

USO (Oil)

currency ETFs

FXA (Australian Dollar)

FXC (Canadian Dollar)

FXE (Euro)

FXY (Yen)

UUP (US Dollar)

 
bond and volatility ETFs

UVXY (Vix)

IEF (Treasuries)

LQD (Corp Bonds)

If you have any questions, feedback, or ideas on how we could do anything better, please email ryan@trendlizard.com

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