ETF Talk

3 Must Know Brexit Vote Facts

Up until now, iSPYETF did not participate in the Brexit discussion. Why? Until the votes are cast and counted, it’s all speculation. We can’t predict the outcome of the vote and how the market reacts.
The best thing we can do is look at our dashboard of indicators and decipher their message....

S&P 500 Dead Cat Bounce or New Up Trend

The S&P 500 is enjoying its largest 1-day pop since May 24. Is this a dead cat bounce or the beginning of a new up trend?
Cause and Effect
What caused this bounce will help us figure out whether it has legs.
Monday’s pop comes on the heels of an interesting losing streak. The S&P was...

The Most Promising S&P 500 Setup Since February 11 (when it was at 1,810)

In terms of actual trading recommendations, 2016 has been a fairly quite year for the Profit Radar Report. We’ve had only seven actual trade recommendations (only one losing trade).
Barron’s rates iSPYETF as a “trader with a good track record.” Click here for Barron’s assessment of the Profit...

VIX Spikes 64% in 5 Days – What Does this Mean?

The recent VIX behavior has been unprecedented.

The VIX gained 64% from June 14 – June 20.
The VIX gained 41% on June 10 and June 13, while the S&P only lost 1.72%.
On June 7, 8, 9, the VIX moved higher along with the S&P 500.
What does this mean?
While the scope of the VIX spike is...

S&P 500 Update

Last week’s update titled “Bears Get Another Shot at Taking Stocks Down” listed four reasons why bears get another shot and two reasons why stocks may continue higher.
This may sound like a contradiction, but it’s actually not. Basically we were looking for a good low-risk opportunity to go...

How to Minimize the Risk Associated with Higher Returns

“What it means to be a successful investor in 2016 can be summed up in four words: bigger gambles, lower returns.” – Wall Street Journal
The Wall Street Journal just reported that investors need to pile on more risk just to get a reasonable return.
According to the WSJ and research by Callan...

Risk/Reward for Gold and Silver is Getting More Attractive, But …

On May 5, I received the following e-mail:
“Hi Simon, With all this volatility, why don’t you want to initiate any trades? For example a low risk trade as shorting XLU and QQQ? Gold, Silver, Platinum, Natural Gas, Oil look to me as a great long candidates. I don’t understand why you are staying...

Bears Get Another Shot at Taking Stocks Down

The last S&P 500 updates highlighted support around 2,040 and why the S&P is likely to seesaw across this support to fool investors (S&P 500 Abuses Popular Pattern to Fool Investors).
Following the faux break below 2,040, the May 22 Profit Radar Report observed that: “Stocks...

S&P 500 Abuses Popular Pattern to Fool Investors

It is rare that a particular stock market support level becomes as obvious as 2,040 for the S&P 500.
Since March 18, the S&P touched 2,040 +/- 13 times, and bounced every time.
As of 2,040 wasn’t already obvious enough, it also became the neckline of a head-and shoulders topping...