ShortMeTina- Stock Trading Website for Swing Traders and Day Traders
  • HOME
  • TRADING COURSE

ticker cloud

(Confessions of a Stock Operator)
​Start Date: 9/20/2018
Read My Confessions

Trade Ideas

8/7/2017

Comments

 
Picture
By: ShortMeTina

​The past few weeks has made for a very boring market.  But boredom can breed ideas at times.  I've watched the stock market endlessly looking for signs of life and I may have found some.

I said to myself, "there has to be a stock or sector, setting up somewhere for a trade." 
While I can sit for hours on end looking through charts for possible trades, I had no intentions on going through thousands of charts.  

So I decided to resort to an old method and take a short cut by looking through sector ETFS.  By doing this; I had hopes of getting a glimpse into what sector (s) my attention should be 'zeroed-in' on.  

Specifically speaking, I went through 9 SPDR ETF's.

​Consumer Discret Sel Sect SPDR ETF (XLY)

The Select Sector SPDR Trust - The Consumer Staples Select Sector SPDR Fund (XLP)

 The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund (XLE)

The Select Sector SPDR Trust - The Financial Select Sector SPDR Fund (XLF)

 
Health Care Select Sector SPDR ETF (XLV)

The Select Sector SPDR Trust - The Industrial Select Sector SPDR Fund (XLI)

 
The Select Sector SPDR Trust - The Materials Select Sector SPDR Fund (XLB)

The Select Sector SPDR Trust - The Technology Select Sector SPDR Fund (XLK)
 

SPDR S&P Retail ETF (XRT) 

After a "good enough" analysis; I would say most are in the extended or approaching the over/extended territory, with the exception of healthcare and retail.  

As odd as that may sound; if you're looking for trade ideas on the long side; pay attention to the healthcare and retail sector.  

I am. 
​
What are your thoughts? 

Picture
(click to enlarge image)

Picture
(click to enlarge image)
Comments
comments powered by Disqus

    Author

    Tina "ShortMeTina" Ley (pronounced Lee) holds a Bachelor of Arts in Forensic Psychology and a Master's of Science in Mental Health Counseling and has been a stock market participant for over a decade.  Currently a Full-Time Trader and Blogger of all things financial.  ​

    Archives

    October 2018
    September 2018
    October 2017
    September 2017
    August 2017
    May 2017
    March 2017
    February 2017

    Categories

    All

    RSS Feed


Services
​

Premium Trading Course
Blog
Swing Trading Watch List
Free Trading Course


About Us
​

About
Terms of Service
​
Privacy
​Partnership



Support
​

Contact
FAQ



Community

This website is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation to buy, sell and/or hold any securities mentioned.  All investments carry risk, there are no guarantees. Investors should consult with their advisers with respect to their investments.  Please read our full disclaimer here. 

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

© COPYRIGHT 2016-2022  Akira Media, LLC.   ​ALL RIGHTS RESERVED.
  • HOME
  • TRADING COURSE