Top Performing ETFs
- Thread starter investics
- Start date
I got out of UPRO just before I went on vacation (29/4) with a small loss (as expected really). Got into SPXU today at 32 and could have made 10% intraday if i were a swing trader, but I`m not 
So I`ll keep this until the Greece problems are secured. Found out my broker don`t support stops on US orders (biggest broker in Norway, but setting myself up somewhere else), so I couldn`t enter SPXU before vacation.
I`ll probably be a regular investics. Getting checks on my theories are very important.
So I`ll keep this until the Greece problems are secured. Found out my broker don`t support stops on US orders (biggest broker in Norway, but setting myself up somewhere else), so I couldn`t enter SPXU before vacation.I`ll probably be a regular investics. Getting checks on my theories are very important.
<b>Market View for Week 03.May.2010 to 07.May.2010</b>
One of the statistics I like to compute is as follows:
<ul>
<li>I monitor the top 3000 stocks by liquidity( not market cap)
<li>On a daily basis I calculate the number of the stocks from the above set that closed above the 40EMA.
</ul>
Here are the numbers for this past week:
<b>Fri, 07.May: 11%</b>
<b>Thu, 06.May: 18%</b>
<b>Wed, 05.May: 39%</b>
<b>Tue, 04.May: 50%</b>
<b>Mon, 03.May: 72%</b>
I am beginning to feel very bullish here. These are some of the lowest numbers I have seen since I have been computing these stats.
We also witnessed the two largest volumes days in the last two days over 52 weeks. I estimate close to <b>$300 Billion</b> to have exited the market in the last four trading days. We need to see selling exhaustion and buyers stepping in to go long. I usually make my decision in the last 15 minutes of trading.
For example I chose not to go long today as the markets closed in the bottom half of its daily trading range.
Have a Fantastic week-end! I have a nice picnic planned out.
.
One of the statistics I like to compute is as follows:
<ul>
<li>I monitor the top 3000 stocks by liquidity( not market cap)
<li>On a daily basis I calculate the number of the stocks from the above set that closed above the 40EMA.
</ul>
Here are the numbers for this past week:
<b>Fri, 07.May: 11%</b>
<b>Thu, 06.May: 18%</b>
<b>Wed, 05.May: 39%</b>
<b>Tue, 04.May: 50%</b>
<b>Mon, 03.May: 72%</b>
I am beginning to feel very bullish here. These are some of the lowest numbers I have seen since I have been computing these stats.
We also witnessed the two largest volumes days in the last two days over 52 weeks. I estimate close to <b>$300 Billion</b> to have exited the market in the last four trading days. We need to see selling exhaustion and buyers stepping in to go long. I usually make my decision in the last 15 minutes of trading.
For example I chose not to go long today as the markets closed in the bottom half of its daily trading range.
Have a Fantastic week-end! I have a nice picnic planned out.
.
=================
INVESTs;
Well, i like to consider %% & %%%,as you hint,
& age/much data,
& volume/liquidity, so QQQQ,SPY,;
USO... are good. DIA is a good trend measure,but maybe not top trender.....
Wisdom is profitable to direct
=================
INVESTs;
Well, i like to consider %% & %%%,as you hint,
& age/much data,
& volume/liquidity, so QQQQ,SPY,;
USO... are good. DIA is a good trend measure,but maybe not top trender.....
Wisdom is profitable to direct
[/QUOTE]
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Hard to understand what you mean
INVESTs;
Well, i like to consider %% & %%%,as you hint,
& age/much data,
& volume/liquidity, so QQQQ,SPY,;
USO... are good. DIA is a good trend measure,but maybe not top trender.....
Wisdom is profitable to direct
[/QUOTE]############################################
Hard to understand what you mean
######################################
You are welcome.
Let's talk about the indicators for the various EFTs and their underlyings, distinguishing between daily and intra day timeframes.
A vital point imho.
Not necessarily a Sunday question.
WOOPS! I did not realize what I was getting into!
Quote from Goalgetter:
######################################
You are welcome.
Let's talk about the indicators for the various EFTs and their underlyings, distinguishing between daily and intra day timeframes.
A vital point imho.
Not necessarily a Sunday question.