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Thanks. Glad you like the information and are finding it helpful. I'll try to keep this thread up to date with the latest info. on ETFs as new ones are released (and there are a few new ones I'll be writing about soon).

<b>ETFs - Analysis of UTH</b> As part of our continuing weekly analysis of various ETFs, we chose UTH (Utilities Index HOLDRS Trust) for analysis this week. Since we cover a different ETF nearly every week, you can view the Archives section of our web site to read about ETFs previously...

The purpose of our weekly analysis is to enable you to understand the underlying components that comprise each ETF, as well as the bearing each respective stock has on the associated ETF. BBH is the ticker symbol for the Biotechnology Index HOLDRS Trust and is one of seventeen different...

Whenever managing multiple positions, we always use physical stops, usually even with just one position. Not only do physical stops take the emotion out of making the decision to cut the loss, you can also trail the stops to lock in profits in the event of sudden reversal with your positions...

<b>ETFs - Analysis of SWH</b> As part of our continuing weekly analysis of various ETFs, we chose SWH (Software Index HOLDRS Trust) for analysis this week. Since we cover a different ETF nearly every week, you can view the Archives section of our web site to read about ETFs previously...

My guess is that it is pure coincidence that PSE and ARCA are the same prices because ARCA is an ECN and PSE is traded via a specialist. Nevertheless, we are totally disgusted that ISLD and INCA can no longer be displayed. Talk about a step back into the 1980's. . .and they say it is all to...

After coming down to the 20 period moving averages on the 15 minute charts, the Naz and S&P found support. At 12:41 pm, we took profits on HALF the shares of our long swing trades in the following ETFs: QQQ, SPY, DIA, and SMH. We also raised the stops on the remaining half of the shares as...

I used to run a small hedge fund, so send me a private message if you have any questions that you would like my input on. The fund I traded focused on short-term trading of equities and options.

Yesterday started out in typical choppy fashion, bouncing between the intraday highs and lows for the first two hours of trading. At around 10:30 am, the S&P dropped below its 20 period MA on the 15-minute chart, which prompted us to initiate a short position in SPY. However, SPY quickly...

I've traded other people's money on a sliding incentive scale that in which the percentage increased as the percentage of profitability increased. The profits were calculated at the end of each month and, based on the percentage return on equity, profits were distributed based on a certain...

Just to put in my 2 cents, I posted my opinion on the market in our ETF thread earlier tonight. Here is the URL. . . http://www.elitetrader.com/vb/showthread.php?s=&postid=131804&highlight=wagner+weekly#post131804

Hi Kevin, We usually set sell targets upon entering the trade, which are often based upon simple support or resistance levels, including moving averages. Unfortunately, choppy market conditions have forced us to change our profit targets more than usual, but we typically use trailing stops...

Richk, Regarding your question about whether to follow COMPX or just NDX, it is our opinion that just following NDX is sufficient because that is the index that QQQ is comprised of and is also the index around which the futures are based on.

Richk, We have only traded UTH a few times and have found it to be a better trading platform for multi-day "swing" trades than for intraday trades due to its light average daily volume. Although its volume has been steadily increasing during the past several months (as awareness grows), the...

For the first time in nearly a month, we are beginning to feel good about getting a little aggressive in the markets. As such, we wanted to share our analysis of what has caused our change in sentiment. We'll begin by looking at recent market action during the past few weeks and will conclude...

We have found there is usually a lag of only a second or two at best because program arbitrage traders keep the ETFs in line with the futures. Although there is not a big difference between QQQ/SPY and the futures, we have noticed there is indeed a bigger lag time with some of the sector ETFs...

True, futures are a great trading vehicle for many. However, I still prefer having the ability to trade sector HOLDRS (such as SMH, BBH, OIH, PPH) that are showing relative strength or divergence on days when neither the S&P nor Nasdaq are trending.

Yesterday's relative strength in QQQ and SMH hinted at a rally today, which enabled us to take some long positions in the technology-related ETFs. We are currently trailing stops on both SMH and QQQ swing trades. Because we have spent a lot of time trading QQQ since Monday, I wanted to...

Since we exclusively trade ETFs, we too were outraged by the ridiculous step backwards. After having traded QQQ during the past few days without the ability to view ISLD quotes, I have noticed the following: 1.) The AMEX specialist now has a wider spread than ever before. When ISLD quotes...

This week marks the violation of the head and shoulders neckline of the SPY and DIA. I wrote an article about it, which includes a very basic primer on what a head and shoulders pattern is. Also, keep an eye on OIH long. It started to show signs of life today and had relative strength to...