Archive for the ‘Silver ETF’s’ Category

Swing Trading Week in Review – January 27, 2012

Sunday, January 29th, 2012

Swing Trading BLOG – Swing Trading Boot Camp

DIA - Swing Trading

Right back to where we started!

All looks good for the LONG side of the market although we ended up finishing the week pretty much where we started.

The major indices did pop up again on Wednesday (on good volume) but quickly reversed on Thursday and drifted a bit lower on Friday.

The sector action was a mixed with some of the stronger sectors taking a breather and some sectors showing some increased relative strength.

The Real Estate sector out performed the market by rallying to new highs this week.

IYR - Real Estate ETF

The REIT ETF ($RWR) also followed suit…

RWR - REIT ETF

The Silver and Gold ETF's ($SLV $GLD $GDX) also sprang to life this week…

SLV - Silver ETF GLD - Gold Shares ETF

The Steel and Airline sectors ($SLX $FAA) are also looking good with several stocks in each sector making nice moves this week.

Keep your eye on $AKS $NUE $X $STLD!

The Semiconductors took a little break this week but keep don't forget about names like $MRVL $CREE $KLAC $NVLS $LRCX next week if the market stays strong.

Even with the market stalling this week some of the stocks we watch seem to have gone to far to fast.

With Silver and Gold showing some bullish price action make sure to keep a close eye on the overall market conditions when evaluating your trade set ups.

Have a plan in place and be prepared for anything!

Until next week…Good Trading to YOU!

Swing Trading BLOG – Swing Trading Week in Review – April 21, 2011

Sunday, April 24th, 2011

Swing Trading BLOG – Swing Trading BOOT CAMP

 

Swing Traders watched as the Dow Jones Industrial Average moved to NEW HIGHS this holiday shortened week.

Earnings news in the Technology sector influenced the markets early in the week and lead to a nice GAP UP on Wednesday.

This news brought buyers into the market and lifted the Technology ETF ($XLK) back above its 50 day SMA by weeks end.

The Semiconductor sector ($SMH) also got a lift this week and is also now trading back above its 50 day SMA.

Silver and Gold continue to show their strength with both sector ETF's ($SLV $GLD) trading to new multi month highs again this week.

Looking around at some individual stocks there still seems to be a bit of indecision in some sectors.

There are great stocks like $LULU, $SINA, $WLK and $SIRO.

Then there are not so great stocks like $CREE, $WFC and most of the airline stocks.

It will be interesting to see how these stocks do if the market continues to move higher.

Next week we will watch to see if the S&P 500 follows suit and BREAKS OUT to NEW HIGHS as well.

We are still in LONG only mode but we will be prepared for whatever the market decides to do from here.

Until next week…Good Trading to YOU!

**No charts this week due to a problem with Esignal data**

Swing Trading BLOG – Week in Review – April 15, 2011

Sunday, April 17th, 2011

Swing Trading BLOG – Swing Trading BOOT CAMP

$DIA

After failing to break out to the upside on Monday the market put in a nice orderly pullback to its 50 day SMA this week.

The overhead resistance is in place and its a good sign when the 50 day holds as support.

In order for us to stay optimistic about this market moving higher we are going to have to see price action and volume confirm our thoughts.

If the market stalls looks for clues that a short term trend transition may be in order.

Earlier this week we posted a list of Gold Stocks to watch and a list of Silver ETF's.

We posted these to remind you of the recent strength in these two sectors.

Lets take a look at the chart for the Gold ($GLD) and Silver ($SLV) ETF's

$GLD $SLV

Both sector ETF's are in solid UP TRENDS and offered yet another opportunity for Swing Traders to profit.

While some Swing Trading BLOGS were actually advocating SHORTING these sectors we remained BULLISH due to the obvious strength.

No one knows for sure what the future holds but for now these two are about the strongest sectors in the market.

Until next week…Good Trading to YOU!

List of Silver ETF’s – $SLV, $SIL, $DBS, $SIVR

Friday, April 15th, 2011

List of Silver ETF's – Swing Trading BOOT CAMP

$SLV – iShares Silver Trust

$SIL – Global X Silver Miners ETF

$DBS – Powershares Silver Fund

$SIVR – ETFS Silver Trust

$AGQ – Proshares Ultra Silver (2X)

 

Silver Exchange Traded Funds

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