For those of you who don't know yet, Larry Connors is giving his last free online presentation on his Professional ETF Trading Course today at 4:30 pm EST. These introductory presentations tend to run about 45 minutes long and sometimes can be a great trading reference just in themselves. In ... Read more
Yesterday we discussed the fact that many successful professional traders and hedge fund managers scale into positions. Today in the second part of this four part series we'll look at the various scaling methods. Scaling-in with Two Pieces Scaling in with two pieces means you'll buy h ... Read more
A solid start led to an ugly finish yesterday, as a late-day sell-off sparked substantial losses across the board. After trending higher throughout the morning session, stocks initially erased Tuesday's losses and were back to testing their recent highs. Thereafter, the main stock market indexes m ... Read more
This month TradingMarkets.com launched their ETF PowerRatings system. It's a spinoff of Stock PowerRatings, a popular rating tool designed to let traders see at a glance which stocks are likely to advance or decline within a set period of time. I've played around with the new ETF PowerRatings a ... Read more
Today (Wednesday October 14) the market is going to open significantly higher and create an extremely overbought short-term condition. Whether this overbought conditions run for a few hours or a few days it's going to eventually pullback and provide some excellent short-term buying opportunities a ... Read more
This weekend I got a chance to read a wonderful new book Finding Alpha: The Search for Alpha When Risk and Return Break Down (Wiley Finance) by Eric Falkenstein The book looks at ways that alpha can be found and possibly more importantly the many ways that professionals fool themselves into ... Read more
Last week we looked at how Leveraged and Inverse ETFs behave. If you missed this, you can find it on my research website www.ConnorsResearch.com Another piece of understanding how ETFs trade and what they mean to you is looking at the correlation of ETFs. If you are long multiple energy ETF ... Read more
A positive earnings report from Apple (AAPL) helped stocks open slightly higher yesterday morning, but traders immediately sold into strength. The major indices trended steadily lower in the morning, found support at mid-day, then reversed a small portion of their intraday losses in the afternoon ... Read more
Today I was planning on following up on yesterday's lesson in ranking stock sectors, but because the market is so overbought I thought it would serve us best to look at how to exit positions, especially in a bull market. In the Model Portfolio of my Daily Battle Plan , we have taken exact ... Read more
ProShares has just launched four new exchange-traded funds. While these are not “all” BRIC countries (Brazil, Russia, India, China), BRIC investors will now get a couple more tools to short sell those baskets when they want and with double-leverage. Today’s launch was of UltraS ... Read more