Banks are weak
October 21st, 2010 RichardBanks ETF – KBE – is weak and presents bearish stock chart pattern. I am looking for good short trade entry in this ETF.
Using combination of technical analysis and global macro fundamental analysis to find best stock picks and ETF trading ideas for my own trading for living
Is it time to short bonds ?
October 2nd, 2010 RichardWell to say honestly, I do not know. I only know if such trade has good risk reward ratio to think about it.
But I personally feel that we are close to time to sell US bonds. Bonds are not worth of investment right now. There are stocks which bring more profit then holding government’s bonds. And also why to buy bonds of gov’ts which are so indebted ? Not only US but European too.
We decided to prefer corporate bonds in my fund . One macro theme we monitor is that US corporations are full of cash. And that US corporations are managed much better then individual states. It is much safer to buy their bonds then government’s bonds. And with bigger yield.
Here is chart of US 7-10y bonds ETF:
Japan ETF : Bearish flag or bounce from support level ?
September 20th, 2010 RichardStock chart analysis of Japan ETF “EWJ” can offer two possible views. One is that there is nice bearflag and second that we see bounce from 9.50 support level.
It is good to be ready to play both technical scenarios . I will wait till new high will be established above 10 for thinking about longs . I will also wait for breakdown of bearflag for thinking about entering new shorts.
Internet sector strong but GOOG is lagging
September 17th, 2010 RichardI like bullishness of Internet sector (represented by FDN ETF) . But GOOG is clear laggard for me. So I am looking for good level to enter shorts in GOOG.
Best China ETF bullish stock chart
August 23rd, 2010 RichardThere are several China ETF shares available to trade. We have done analysis of composition of basket for Asia ETF stocks. And in our latest Global macro newsletter we have identified list of Asia ETF shares with best profit potential in next few months.
One of them is CHIQ as one of the best China ETF. It has nice bullish stock chart. I have prepared detailed trade setup for this China ETF in my ETF Trading strategies newsletter. I am going to trade trade it in my fund, too.
DBO Oil Commodity ETF bearish chart
August 19th, 2010 RichardDBO has strong resistance in 25 – 26 USD area. I plan to short DBO there with stop right above this level in my ETF Technical strategies. This trade is also supported by my bearish Oil Global macro opinion.
Agriculture commodity ETF bullish
August 13th, 2010 RichardI am not very bullish on commodities based on my Global macro opinion. The only commodity ETF I like is Agriculture ETF DBA. I am long this ETF for a few weeks already and still looks bullish for me
(Ultra) Short ETF strategy for trade of 10Y Treasury bonds
August 6th, 2010 RichardI have noticed strong resistance area in TLT – Bond ETF. I think that any move to 100 – 102 level could be shorted with relatively tight stop and expectation of drop from this level.
This trade can be traded by Ultra short ETF stock. You can use TBT and buy it instead of short “TLT” ETF. I prepare setup and it is going to be published in my ETF trading newsletter.
DBC Commodity ETF in range but bearish
July 26th, 2010 RichardDBC, Commodity ETF, is now in defined range with bearish bias prevailing. I like most commodity ETF stocks for possible short trade. Only one – agricultural commodity ETF – is bullish for me. Technical analysis now agree with my Global Macro opinion about commodities.
I like several International ETF
July 19th, 2010 RichardThey are bullish and show relative strength to US stock markets. I monitor especially ETFs like ECH, EWM and IF for possible entry in my technical strategies. These ETFs are also in accordance with my Global Macro ideas.
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