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XLF

Cash money, but just how much?For those following the Financial Sector two big dates are coming up fast for Citigroup ($C): The 26th of September next week, when the Fed decides rate raising (decreasing/no hike) and mid October when $C and other banks report earnings. The Sept 21 - $72 strike was just too tempting at $0.20/contract. Now that Citigroup, $XLF and the market in general is heading north, should gains be cut and collected today, tomorrow or are we gliding to the weekend on the wings of euphoria? $C beaten down MACD converged bullish, and the buy rumor sell news still has about 5 more days before expiration (unlike the Sept 21 contracts). The resistance at the $71.5 strike seems to be the only remaining obstacle before a short-term run on $73. As always, do your own due diligence. -Bayarizard
NYSE:CLong
by Arizard
Paper Portfolio vs S&P500 - Update #1This is the first update for the video series here to grow the paper portfolio on TradingView in an attempt to beat the 'S&P index real time. Normally, I will compare the portfolio to the market, talk about weak vs strong stocks and sectors & go into what I will be changing moving forward. The portfolio has been able to get ahead of the general market and below are the specific percentage changes if they weren't clear in the video: AUGUST 2018 Portfolio = +1.83% 'S&P Index ('SPX) = +1.36% 'SPY ETF = +1.57% So far there is only a small difference between the market and the portfolio, but with adjustments and the market moving however it wants to, the changes should be expected to be more different over time. In general and in brief, my process of dealing with my portfolio according to my trading strategy is to check the health of my portfolio to determine where weakness is coming from, then run a stock screen according to my very own specific criteria to pick out the stocks that have high chance of performing very well, and finally an analysis of the market sectors to make sure changes I make will make sense. So this time around my portfolio suggested reducing exposure to stocks in Energy, Financials and Industrials. My stock screen, compared to the previous stock screen run at the beginning of the portfolio, suggested reducing exposure to stocks in Energy, Financials, Technology & Utilities and increasing exposure in Basic materials, Consumer goods, Healthcare and Industrials. The market sector ETFs from the video also echoed a similar idea, and so the orders will be placed for Monday. I am considering putting more weight in the stocks that have a better chance of doing well than before but we will see what happens over the next month. Again this is will not be a one time "get rich quick" process with excessive risk-taking or gambling, but a more disciplined approach to trading. It takes some work and it can be tough to maintain discipline, but after a while it becomes routine. Again, monthly updates on the current state of the portfolio will be continued and the next one can be expected to be made on 10/06/18 (1 month from now) and every month from that point onward. Starting capital - $10,000 Risk per trade - 1% Max. positions at a time - 20 Investment style - Equities long only (no short-selling, only stocks >$7, technical analysis > fundamental analysis) The stocks shown will not be shown as investment advice but rather shown as a form of education only. Comment on what you would like to see or hear more about! Thanks and stay tuned (will try to keep videos not too long)!
AMEX:XLUEducation
by themdtrader
STI Break OutShares of regional bank SunTrust (STI) have recently broken out to new highs and looks to have some room to run further. I'm jumping in via October 19 $77.5 calls (the $75's would be fine, too... a $75/$80 spread could help lower cost), as it takes me thru the next earnings report on Oct. 18. That said, I'll likely exit prior to the report to capture the increase in premiums that occurs leading in to an earnings release, as well as protect profits (assuming the trade works out as planned, of course).
SLong
by EchoAlphaBravo
Visa Breaking Out (Again)Shares of Visa (V) are yet again breaking out to new highs. Barring the market turning south, I don't see much to stand in their way, either. It's been an almost picture perfect stair-step of resistance turning to support. The latest puts minor support at the $141-143 level, with additional support at $136, and with more significant support at the breakout level around $125-127, which happens to coincide with the 200-day moving average at $125. There's an upward sloping trend line in play, as well, which has held up nicely all year long. The MACD has turned positive, and the RSI has broken out of a nice base and is climbing, too. I've been long this name for a while and will continue to buy any dips of significance. Just this past week, as it appeared to be gaining momentum for a breakout, I bought October $150 calls in both my trading account and IRA. Should we get a dip to that $125 area, I'd be a buyer of outright shares for long-term holding. If you're looking for a consumer play, this is the perfect one. While there are some great companies to own in that actual sector (like KORS, ULTA, LOW, HD, etc), this captures them all because there's a very strong chance you'll use the same card at each one, and there's a strong chance it has "VISA" in the corner of the card. I like MA and AXP, too, but V is my preference (DFS to a lesser extent, but growing direct and tuition loans give reason for concern longer-term as the credit cycle squeezes). If you don't own V already or want to add to an existing position, you should be looking to buy any decent weakness!
NYSE:VLong
by EchoAlphaBravo
General Market OverviewThis video is the first of many, and I discuss the behaviors of the sectors and potential markets that are poised to trend in the near future. The "freshest" sectors quietly trying to start a new trend are the Industrial and Consumer Discretionary Sectors. The sectors (along with their industries) I think should be on every trend follower's radar are: XLF - Financials Sector (including some real estate stocks): setting up to break out of its 5 month range; main movers are the bank industry (not the Goldman Sachs and Morgan Stanley kind of banks) XLI - Industrials Sector: breaking out today with the possible trend beginning here in an unpopular sector; main movers are the service industries XLK - Technology Sector: obvious uptrend that should be followed with caution, but is getting ready to continue; main movers are the software and IT services & consulting industries XLP - Consumer Staples Sector: in early stages on uptrend with possible correction or continuation in the near future; moved by multiple industries XLRE - Real Estate Sector: also in the early stages of possible uptrend; main movers of sub-sector have been REITs XLU - Utilities Sector: also in the early stages of possible uptrend; main movers are electric utilities industry XLV - Health Care Sector: uptrend already in motion with test of all-time highs today, with great potential for trend continuation; main movers are medical equipment and managed health care industries XLY - Consumer Discretionary Sector: breaking out today with the possible trend beginning here in a sector where the media does not favor much; main movers are the apparel, discount, footwear and auto industries (mostly retail) I am going to do more videos on how I diversify my portfolio, and how to create such a portfolio according to what is moving in the whole market so it would be great to get feedback from this video that I can include in those, and also ideas on material you would like to see more of! Thanks, enjoy.
AMEX:XLY
by themdtrader
XLF - Falling wedge breakout buying opportunity**Market Structure** -A falling wedge has broken -Due to the price rise going into the wedge as well as the downward sloping nature of this wedge, that gives is a solidly bullish bias -The overall markets have been bullish and we could see the tide lifting all ships higher **Trading Tips** -A bearish pinbar has formed on the daily so we may see price drop lower in the near term -I expect the overall bullish picture to stay intact, and so any push lower may be met with strong buying -If price does drop lower to retest the upper channel of the falling wedge, using this price action information (bullish trend, bullish pattern breakout), it may create a high probably buying opportunity **Trading Ideas** -This ETF could be purchased outright right now for a decent risk/reward setup -If you are willing to wait and see if price falls it may offer a better entry point, at the risk of missing the trade if it doesn't fall -The price target is the peak of the pattern @ $30 so different ways to get long this trade are to buy the stock outright, create a synthetic long position buy selling a put and buying a call at the same strike(about 1:5 leverage), or selling a vertical put spread for a defined risk trade
AMEX:XLFLong
by krugman87
6
XLF Has Its Pre Financial Crisis High In SightsThe popular ETF, XLF follows the financial sector and after weeks of selling, it looks to have found support and be gearing up for a big move indicated by the Weekly Squeeze coiling for the past 8 weeks, with the momentum shifting to bullish this week. If you take a look at C (Citigroup), it too has a Weekly Squeeze. If you take a look at it on a Daily it also has a Squeeze which looks like it will fire long. If this move for the financial sector plays out long, I would expect a retest of its high back from January (30.33) then a retest of it's high of 30.84. This high (30.84 - May 28, 2007 - 11+ year ago) is an important one because this was the peak of the financial sector ETF ( XLF ) before the financial crisis of 2008.
AMEX:XLFLong
by TheCryptosaurusRex