Posts Tagged ‘xlf’
Rolled Into Longs For Blowout Friday
At least that is what I think could happen. So I rolled cash into long SPX, long RUT. Mainly because they have lagged the COMPX/NDX lately up to their 50 week MA’s. Financial ETF’s XLF, UYG, and FAS all look very good on a daily chart. Flag formations. Is there something coming out tomorrow that …
Bought FAZ
Picked up some FAZ. Both FAZ and SKF showing early weak buy signals. I’ll keep a tight watch on this one. Watching JPM, XLF, C (weak sell)
Rebought FAZ
After stopping out of all shorts this morning, I’m back in with the break. My paintbar has turned green on SKF/FAZ and RED for XLF…so I’m just going to hold this, get some lunch, and let this one simmer.
The Greatest Rally Of Our Lifetime
Well sort of. I’m long from October 3rd in the leveraged mutual funds which has been well documented already, and today was a part of the massive comeback that I knew was coming. Eventually this trade will become profitable and I’m guessing by this Friday’s close or the next or the next one after that …
Market Rallied? Whaaaa?
I don’t know what is causing this move, but I’m hanging on to my shorts – heavily now. I mentioned a few days ago that the XLF chart is shaping up. As of today that chart is broken. There is still hope, but it needs to pull back some still and that might be the …
