“Back in the mid 90s, I remember talking with David Lerman, one of the best educators with the CME Group about these new products that were being issued. He told me that Exchange Traded Funds would change trading and be a huge deal. Now I tip my hat to him and his foresight to make […]
Day: March 14, 2012
Recently, we bought the S&P Utilities SPDR (XLU) in The Wagner Daily newsletter. The charts below show the technical buy setup in XLU prior to our entry: The chart below shows the subsequent price action after our entry: On March 9, XLU trigered a buy entry and was added to the model portfolio of The […]
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Stocks surged higher on Tuesday on fast trade. The small-cap Russell 2000 was the day’s big winner, as it tacked on 2.1%. However, the small-cap index is the only index that has yet to set a new 52 week high in the past five sessions. The S&P MidCap 400 followed the lead of the Nasdaq, […]