February 5th, 2010 richk
I noticed that UUP is only bullish ETF in today’s market.
I am in long UUP trade for more then month and expect more upside move.
I was able to spot early strength by my proprietary scanner I use for scanning about 80 ETFs in my watch list. I use this watch list for selecting best trading opportunities for my ETF trading strategy I use in my fund.
Btw. I am now preparing special newsletter which will publish my ETF trading setups , picks and analysis. Keep tuned, will be available soon.
Posted in ETF analysis, ETF trade setup, Stock chart analysis, Stock pick, Swing trade commentary | No Comments »
January 25th, 2010 richk
SP500 index lost all gains from previous 5 weeks during last selloff . It is not bullish sign. Some correction is in front of us. Index can easily drop to 1000 pt level. It is time to be cautions and think also about short sell trades.
Posted in Stock market chart analysis, Stock market comment | 1 Comment »
January 22nd, 2010 richk
I have noticed that KRE ETF has broken through resistance and is heading higher. I do not like fundamentals of US banks too much but technically it is definitely bullish setup in some pullback.
Posted in ETF analysis, ETF trade setup | No Comments »
January 13th, 2010 richk
ORLY has made long consolidation and now looks like it wants to breakout up. I am holding ORLY long trade for some time already and I am ready to add if this breakout will happen.
Posted in Stock chart analysis, Stock pick | No Comments »
January 10th, 2010 richk
USD index ETF – UUP – is forming bullish stock chart pattern . It offers another opportunity for opening new long trade in this ETF.
Posted in ETF analysis, ETF trade setup, Stock pick | No Comments »
January 7th, 2010 richk
EWJ, ETF tracking Japanese stocks, is presenting nice bullish stock chart pattern . Breakout of current chart pattern could lead to rally in EWJ. I wait for good entry point.
Posted in ETF analysis, ETF trade setup | No Comments »
December 27th, 2009 richk
I see higher probability for new decline toward 1000 USD mark.
Going to prepare Gold ETF – GLD – short setup for my fund.
Posted in ETF analysis, ETF trade setup | No Comments »
December 14th, 2009 richk
I have noticed that USD Index has broken downtrendline and finished last week stronger. I think we can see start of new USD bullish trend move . I am waiting for this new trend and plan to trade it in my fund accordingly.
This index can be traded directly with ETF stock “UUP”.
Posted in ETF analysis, ETF trade setup, Global macro, Stock chart analysis, Stock market chart analysis, Stock pick | No Comments »
December 8th, 2009 richk
AAPL stock has broken support levels and is poised for more declines. Uptrend finished.
Posted in Stock chart analysis, Swing trade commentary, Trade management | No Comments »
December 2nd, 2009 richk
HP – stock from Oil and Gas Equipment and services sector – is weak in last weeks. It looks like money are not flowing into this stock. It is good candidate for short sell trade.
Posted in Stock chart analysis, Stock pick | 1 Comment »
