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THE E T F TRADING
LETTER
3 Sample Issues
The X Shares Exchange
Trading Funds Trading Letter
|
THE E T F TRADING LETTER
The Exchange Trading Funds Trading
Letter
The
"E
T F Trading Letter"
is published weekly. This
Exchange Traded Fund newsletter uses a unique cycle analysis mechanical
trading system created by its Editor and Publisher, Peter Bruno.
Mr. Bruno updates each weekly issue by 11:00 AM Monday. The
information contained herein is derived from the original or published
sources believed reliable, but its completeness and accuracy - and that
of the opinions based thereon - is not guaranteed. Opinions
expressed along with recommendations are subject to change without
notice.
The
"E
T F Trading Letter"
its employees, clients or family members from time to time, have a
position in the securities mentioned. There is no guarantee that
the
"E
T F Trading Letter"
recommendations will be
profitable in the future or that they will equal the performance of any
previous recommendations. No assignment of subscription shall be
made without the subscriber’s approval. Any reproduction or
duplication of this material in any form without prior written
permission from the Wall Street Money Letter, Inc. is strictly
forbidden.
As a matter
of disclosure we would like all subscribers to know that Peter Bruno is
the sole owner of a Broker/Dealer and a Registered Investment Advisory
Firm. Some of the securities recommended in this newsletter may
also be bought for his personal account or for accounts he managers and
will maintain only a long position. As a further disclosure, Peter
Bruno is the Portfolio Manager of various Private Equity LLC mutual
Funds that may buy, sell or own some of the same securities being
recommended in this newsletter.
THE E T F TRADING
LETTER
|
Updated Saturday, 8/14/2010 |
August 16th Issue -
2010 |
Trading Strategy
and Market Timing Update
Market Commentary:
Stock market volatility continues to increase into the most
dangerous seasonal time period of the year. Our original form of cycle
research analysis has guided our clients, listeners, and subscribers from
below Dow 6,500 to recent recorded high prices reached at its recent high
tick of 12,258.01 last April. We had suggested the "Selling in May"
and going away at these upper levels providing you with our various major
support levels, which if violated, would have generated continual downside
targets based on our original form of research analysis.
Since our "Sell Signal" last May, the market retreated 16% to
its low point on July 2nd, at Dow 9,614,32. With the month of July
being historically, the most positive month during this seasonal cycle
period, we once again were able to forecast a move back to our upside major
resistance area at Dow 10,700. A high tick of 10,719.94 was achieved
on August 9th propelling the market back down to its current close of
10,303.15 after hitting a low point of 10, 268.71. This downside level
does satisfy a minimum downside target with Dow 10, 419 being nearby
resistance. A break above this area could signal another test to the
10,700 level and if the market is going to attempt this move, it must
do it by this trading week. T his
week is options expiration week which usually has an upside price bias at
least by week's end. For that reason, we have placed our suggested
short ETF buy orders under the current market prices.
This is our third issue of our ETF Newsletter
since we suspended publication in September 2007 at the time of our Dow
14,000.major sell signal. At that time, this advisory was a long only
position newsletter offering a lack of opportunity for profit by subscribers
on the long side of the market. Therefore we suspended its publication
until better opportunities developed. Today, we have included our cycle
analysis for inverse ETF positions as an opportunity to either hedge long
portfolio positions or to profit from the market downside directional movement
in price. The uniqueness of this updated ETF issues is the sole use of
3xs Beta ETF's currently being offered.
A Trailing Price Discipline should be used with
any recommendation made in this newsletter. This discipline allows your
winners to run while protecting your downside to a small manageable loss.
For these listed issues, we suggests a 5% Trailing Price Floor which will be
follow for this newsletter however each subscriber should determine their own
risk tolerant percent levels.
|
LONG ETF
SECTOR
TRADING PORTFOLIO
|
| |
|
Radio
Codes |
MAJOR MARKET INDICES
|
SYMBOL |
Early Warning Cycle
|
Short Term
Cycle |
Primary Cycle |
Current Price |
Model Strategy |
| 29 |
Dow Jones Industrial average |
.INDU |
Down |
Down |
Down |
10,303.15 |
Watching |
|
3 |
Pro Shares Ultra Pro Dow 30 |
UDOW |
Down |
Down |
Down |
84.25 |
Watching |
|
8 |
Pro Shares Ultra Pro Standard & Poor 500
|
UPRO |
Down |
Down |
Down |
130.12 |
Watching |
|
21 |
Pro Shares Ultra Pro
NASDAQ 100 |
TQQQ |
Down |
Down |
Down |
83.14 |
Watching |
|
|
Sector Allocation 3 Xs Beta Tracking
|
- |
- |
- |
- |
- |
- |
|
25 |
Real Estate
|
DRN |
Down |
Down |
Down |
41.15 |
Watching |
|
12 |
Energy
|
ERX |
Down |
Down |
Down |
28.66 |
Watching |
|
24 |
Financial
|
FAS |
Down |
Down |
Down |
19.89 |
Watching |
|
16 |
Semiconductor
|
SOXL |
Down |
Down |
Down |
25.34 |
Watching |
|
19 |
Technology |
TYH |
Down |
Down |
Down |
26.48 |
Watching |
|
|
|
|
|
|
|
|
|
|
|
INVERSE ETF
SECTOR
TRADING PORTFOLIO
|
| |
|
Radio
Codes |
MAJOR MARKET INDICES
|
SYMBOL |
Early Warning Cycle
|
Short Term
Cycle |
Primary Cycle |
Current Price |
Model Strategy |
| |
Pro Shares Ultra Pro Dow 30 |
SDOW |
UP |
UP |
UP |
64.04 |
Watching |
| |
Pro Shares Ultra Pro Standard & Poor 500
|
SPXU |
UP |
UP |
UP |
32.99 |
Watching
|
|
|
Pro Shares Ultra Pro NASDAQ 100
|
SQQQ |
UP |
UP |
UP |
60.77 |
Watching |
|
|
Sector Allocation 3 Xs Beta Tracking
|
- |
- |
- |
- |
- |
- |
|
|
Real Estate
|
DRV |
UP |
UP |
Down |
29.53 |
Watching |
|
|
Energy
|
ERY |
UP |
UP |
UP |
52.36 |
Buy Under 50 |
|
|
Financial
|
FAZ |
UP |
UP |
UP |
15.38 |
Buy Under 14.77 |
|
|
Semiconductor
|
SOXS |
UP |
UP |
UP |
38.52 |
Buy Under 35.33 |
|
|
Technology |
TYP |
UP |
UP |
UP |
45.15 |
Buy Under 42.13 |
|
|
|
|
|
|
|
|
|
|
|
|
2385 Executive Center Drive, Lobby
Floor - Suite 100 -
Boca Raton, FL. 33431 |
|
THE E T F TRADING LETTER
The Exchange Trading Funds Trading
Letter
The
"E
T F Trading Letter"
is published weekly. This
Exchange Traded Fund newsletter uses a unique cycle analysis mechanical
trading system created by its Editor and Publisher, Peter Bruno.
Mr. Bruno updates each weekly issue by 11:00 AM Monday. The
information contained herein is derived from the original or published
sources believed reliable, but its completeness and accuracy - and that
of the opinions based thereon - is not guaranteed. Opinions
expressed along with recommendations are subject to change without
notice.
The
"E
T F Trading Letter"
its employees, clients or family members from time to time, have a
position in the securities mentioned. There is no guarantee that
the
"E
T F Trading Letter"
recommendations will be
profitable in the future or that they will equal the performance of any
previous recommendations. No assignment of subscription shall be
made without the subscriber’s approval. Any reproduction or
duplication of this material in any form without prior written
permission from the Wall Street Money Letter, Inc. is strictly
forbidden.
As a matter
of disclosure we would like all subscribers to know that Peter Bruno is
the sole owner of a Broker/Dealer and a Registered Investment Advisory
Firm. Some of the securities recommended in this newsletter may
also be bought for his personal account or for accounts he managers and
will maintain only a long position. As a further disclosure, Peter
Bruno is the Portfolio Manager of various Private Equity LLC mutual
Funds that may buy, sell or own some of the same securities being
recommended in this newsletter.
THE E T F TRADING
LETTER
|
Updated Thursday, 8/14/2010 |
August 19th Issue -
2010 |
Trading Strategy
and Market Timing Update
Market Commentary:
Stock market volatility continues to increase into the most
dangerous seasonal time period of the year. Our original form of cycle
research analysis has guided our clients, listeners, and subscribers from
below Dow 6,500 to recent recorded high prices reached at its recent high
tick of 12,258.01 last April. We had suggested the "Selling in May"
and going away at these upper levels providing you with our various major
support levels, which if violated, would have generated continual downside
targets based on our original form of research analysis.
Since our "Sell Signal" last May, the market retreated 16% to
its low point on July 2nd, at Dow 9,614,32. With the month of July
being historically, the most positive month during this seasonal cycle
period, we once again were able to forecast a move back to our upside major
resistance area at Dow 10,700. A high tick of 10,719.94 was achieved
on August 9th propelling the market back down to its current close of
10,303.15 after hitting a low point of 10, 268.71. This downside level
does satisfy a minimum downside target with Dow 10, 419 being nearby
resistance. A break above this area could signal another test to the
10,700 level and if the market is going to attempt this move, it must
do it by this trading week. T his
week is options expiration week which usually has an upside price bias at
least by week's end. For that reason, we have placed our suggested
short ETF buy orders under the current market prices.
|
LONG ETF
SECTOR
TRADING PORTFOLIO
|
| |
|
Radio
Codes |
MAJOR MARKET INDICES
|
SYMBOL |
Early Warning Cycle
|
Short Term
Cycle |
Primary Cycle |
Current Price |
Model Strategy |
| |
Dow Jones Industrial average |
.INDU |
Down |
Down |
Down |
10,303.15 |
Watching |
| |
Pro Shares Ultra Pro Dow 30 |
UDOW |
Down |
Down |
Down |
84.25 |
Watching |
| |
Pro Shares Ultra Pro Standard & Poor 500
|
UPRO |
Down |
Down |
Down |
130.12 |
Watching |
| |
Pro Shares Ultra Pro
NASDAQ 100 |
TQQQ |
Down |
Down |
Down |
83.14 |
Watching |
|
|
Sector Allocation 3 Xs Beta Tracking
|
- |
- |
- |
- |
- |
- |
| |
Real Estate
|
DRN |
Down |
Down |
Down |
41.15 |
Watching |
|
|
Energy
|
ERX |
Down |
Down |
Down |
28.66 |
Watching |
|
|
Financial
|
FAS |
Down |
Down |
Down |
19.89 |
Watching |
|
|
Semiconductor
|
SOXL |
Down |
Down |
Down |
25.34 |
Watching |
|
|
Technology |
TYH |
Down |
Down |
Down |
26.48 |
Watching |
|
|
|
|
|
|
|
|
|
|
|
INVERSE ETF
SECTOR
TRADING PORTFOLIO
|
| |
|
Radio
Codes |
MAJOR MARKET INDICES
|
SYMBOL |
Early Warning Cycle
|
Short Term
Cycle |
Primary Cycle |
Current Price |
Model Strategy |
| |
Pro Shares Ultra Pro Dow 30 |
SDOW |
UP |
UP |
UP |
65.47 |
Watching |
|
|
Pro Shares Ultra Pro Standard & Poor 500
|
SPXU |
UP |
UP |
UP |
33.59 |
Watching
|
|
|
Pro Shares Ultra Pro NASDAQ 100
|
SQQQ |
UP |
UP |
UP |
59.87 |
Watching |
|
|
Sector Allocation 3 Xs Beta Tracking
|
- |
- |
- |
- |
- |
- |
|
|
Real Estate
|
DRV |
UP |
UP |
Down |
29.50 |
Watching |
|
|
Energy
|
ERY |
UP |
UP |
UP |
55.59 |
Bought 8/17 @ 49.46 |
|
|
Financial
|
FAZ |
UP |
UP |
UP |
15.99 |
Bought 8/18 @ 14.69 |
|
|
Semiconductor
|
SOXS |
UP |
UP |
UP |
36.70 |
Bought 8/18 @ 35.05 |
|
|
Technology |
TYP |
UP |
UP |
UP |
43.79 |
Bought 8/18 @ 41.92 |
|
|
|
|
|
|
|
|
|
|
|
|
2385 Executive Center Drive, Lobby
Floor - Suite 100 -
Boca Raton, FL. 33431 |
|
THE E T F TRADING LETTER
The Exchange Trading Funds Trading
Letter
The
"E
T F Trading Letter"
is published weekly. This
Exchange Traded Fund newsletter uses a unique cycle analysis mechanical
trading system created by its Editor and Publisher, Peter Bruno.
Mr. Bruno updates each weekly issue by 11:00 AM Monday. The
information contained herein is derived from the original or published
sources believed reliable, but its completeness and accuracy - and that
of the opinions based thereon - is not guaranteed. Opinions
expressed along with recommendations are subject to change without
notice.
The
"E
T F Trading Letter"
its employees, clients or family members from time to time, have a
position in the securities mentioned. There is no guarantee that
the
"E
T F Trading Letter"
recommendations will be
profitable in the future or that they will equal the performance of any
previous recommendations. No assignment of subscription shall be
made without the subscriber’s approval. Any reproduction or
duplication of this material in any form without prior written
permission from the Wall Street Money Letter, Inc. is strictly
forbidden.
As a matter
of disclosure we would like all subscribers to know that Peter Bruno is
the sole owner of a Broker/Dealer and a Registered Investment Advisory
Firm. Some of the securities recommended in this newsletter may
also be bought for his personal account or for accounts he managers and
will maintain only a long position. As a further disclosure, Peter
Bruno is the Portfolio Manager of various Private Equity LLC mutual
Funds that may buy, sell or own some of the same securities being
recommended in this newsletter.
THE E T F TRADING
LETTER
|
Updated Thursday, 9/09/2010 |
September 9th Issue -
2010 |
Trading Strategy
and Market Timing Update
Market Commentary:
We sent out an "Action Alert" last weekend
Stock market volatility continues to increase into the most
dangerous seasonal time period of the year. Our original form of cycle
research analysis has guided our clients, listeners, and subscribers from
below Dow 6,500 to recent recorded high prices reached at its recent high
tick of 12,258.01 last April. We had suggested the "Selling in May"
and going away at these upper levels providing you with our various major
support levels, which if violated, would have generated continual downside
targets based on our original form of research analysis.
Since our "Sell Signal" last May, the market retreated 16% to
its low point on July 2nd, at Dow 9,614,32. With the month of July
being historically, the most positive month during this seasonal cycle
period, we once again were able to forecast a move back to our upside major
resistance area at Dow 10,700. A high tick of 10,719.94 was achieved
on August 9th propelling the market back down to its current close of
10,303.15 after hitting a low point of 10, 268.71. This downside level
does satisfy a minimum downside target with Dow 10, 419 being nearby
resistance. A break above this area could signal another test to the
10,700 level and if the market is going to attempt this move, it must
do it by this trading week. T his
week is options expiration week which usually has an upside price bias at
least by week's end. For that reason, we have placed our suggested
short ETF buy orders under the current market prices.
|
LONG ETF
SECTOR
TRADING PORTFOLIO
|
| |
|
Radio
Codes |
MAJOR MARKET INDICES
|
SYMBOL |
Early Warning Cycle
|
Short Term
Cycle |
Primary Cycle |
Current Price |
Model Strategy |
| |
Dow Jones Industrial average |
.INDU |
N |
UP 1 |
Down |
10,447.93 |
Watching |
| |
Pro Shares Ultra Pro Dow 30 |
UDOW |
N |
UP 1 |
Down |
87.74 |
Watching |
| |
Pro Shares Ultra Pro Standard & Poor 500
|
UPRO |
UP 1 |
UP 1 |
UP |
138.53 |
Watching |
| |
Pro Shares Ultra Pro
NASDAQ 100 |
TQQQ |
UP 1 |
UP 1 |
UP |
89.93 |
Watching |
|
|
Sector Allocation 3 Xs Beta Tracking
|
- |
- |
- |
- |
- |
- |
| |
Real Estate
|
DRN |
UP 1 |
UP 1 |
UP |
50.19 |
Watching |
|
|
Energy
|
ERX |
UP 1 |
UP 1 |
Down |
29.71 |
Watching |
|
|
Financial
|
FAS |
UP 1 |
UP 1 |
UP |
21.62 |
New Buy Under 19 |
|
|
Semiconductor
|
SOXL |
UP 1 |
UP 1 |
Down |
26.28 |
Watching |
|
|
Technology |
TYH |
UP 1 |
UP 1 |
Down |
28.07 |
Watching |
|
|
|
|
|
|
|
|
|
|
|
INVERSE ETF
SECTOR
TRADING PORTFOLIO
|
| |
|
Radio
Codes |
MAJOR MARKET INDICES
|
SYMBOL |
Early Warning Cycle
|
Short Term
Cycle |
Primary Cycle |
Current Price |
Model Strategy |
| |
Pro Shares Ultra Pro Dow 30 |
SDOW |
DN
1 |
DN 1 |
DN 1 |
64.04 |
Watching |
|
|
Pro Shares Ultra Pro Standard & Poor 500
|
SPXU |
DN
1 |
DN 1 |
DN 1 |
32.99 |
Watching
|
|
|
Pro Shares Ultra Pro NASDAQ 100
|
SQQQ |
DN
1 |
DN 1 |
DN 1 |
60.77 |
Watching |
|
|
Sector Allocation 3 Xs Beta Tracking
|
- |
- |
- |
- |
- |
- |
|
|
Real Estate
|
DRV |
DN
1 |
DN 1 |
Down |
23.21 |
Watching |
|
|
Energy
|
ERY |
DN
1 |
DN 1 |
DN 1 |
48.70 |
Bought 8/17 @ 49.46. Sold 9/2 @ 51.11
for a 3.33% Profit |
|
|
Financial
|
FAZ |
DN
1 |
DN 1 |
DN 1 |
13.64 |
Bought 8/18 @ 14.69 Sold 8/27 @
17.04 for a profit of 16% |
|
|
Semiconductor
|
SOXS |
DN
1 |
DN 1 |
DN 1 |
35.37 |
Bought 8/18 @ 35.05.
Sold 8/27 @ 40.89 for a profit of
16.67% |
|
|
Technology |
TYP |
DN
1 |
DN 1 |
DN 1 |
41.60 |
Bought 8/18 @ 41.92. Sold 9/2 @
44.64 for a 6.50% Profit |
|
|
|
2385 Executive Center Drive, Lobby
Floor - Suite 100 -
Boca Raton, FL. 33431 |
|
|
HOW HAVE WE DONE SO FAR SINCE INCEPTION?
"Our
Trailing Price Floor Strategy cuts losses while letting winners run."
Includes
all trading recommendations made.
Results of our recent X Shares ETF Trades since 8/16/2010
|
Radio
Codes |
MAJOR MARKET INDICES
|
SYMBOL |
Early Warning Cycle
|
Short Term
Cycle |
Primary Cycle |
Current Price |
Model Strategy |
|
|
Sector Allocation 3 Xs Beta Tracking
|
- |
- |
- |
- |
- |
- |
|
|
Real Estate
|
DRV |
DN
1 |
DN 1 |
Down |
23.54 |
Watching |
|
|
Energy
|
ERY |
DN
1 |
DN 1 |
UP |
49.41 |
Bought 8/17 @ 49.46. Sold 9/2 @ 51.11
for a 3.33% Profit |
|
|
Financial
|
FAZ |
DN
1 |
DN 1 |
UP |
13.95 |
Bought 8/18 @ 14.69 Sold 8/27 @
17.04 for a profit of 16% |
|
|
Semiconductor
|
SOXS |
DN
1 |
DN 1 |
UP |
33.36 |
Bought 8/18 @ 35.05.
Sold 8/27 @ 40.89 for a profit of
16.67% |
|
|
Technology |
TYP |
DN
1 |
DN 1 |
UP |
42.51 |
Bought 8/18 @ 41.92. Sold 9/2 @
44.64 for a 6.50% Profit |
|
RADIO FEATURE
MECHANICAL ETF
TRADING TEST PORTFOLIO "A"
|
|
SECURITY/SYMBOL
|
Price Paid |
Highest Closing Price |
Price |
Net Return |
|
BROADBAN HOLDERS (BDH) |
18.75 |
20.74 |
21.23 |
+0.00 |
|
B2B INTERNET HOLDERS (BHH) |
2.45 |
3.08 |
3.02 |
+23.26 |
|
BRAZIL INDEX (EWZ) |
32.45 |
42.90 |
42.40 |
+30.66 |
|
INTERNET INTRASTRC (IIH) |
3.85 |
5.02 |
5.02 |
+30.38 |
|
LATIN AMERICAN 40 INDEX (ILF) |
117.95 |
146.86 |
145.88 |
+23.68 |
|
DOW JONES TRANSPORT (IYT) |
70.90 |
84.94 |
84.94 |
+19.80 |
|
OIL SERVICE HOLDERS (OIH) |
120.63 |
155.12 |
153.26 |
+12.73 |
|
RADIO FEATURE
MECHANICAL ETF
TRADING TEST PORTFOLIO "B"
|
|
SECURITY/SYMBOL
|
Price Paid |
Highest Closing Price |
Price |
Net Return |
|
BIOTECH HOLDERS (BBH) |
200.33 |
212.15 |
187.37 |
+1.50 |
|
HOLDRs
INTERNET (HHH) |
62.93 |
69.83 |
59.02 |
+5.54 |
|
NASDAQ BIOTECH INDEX (IBB) |
74.24 |
83.92 |
79.70 |
+3.19 |
|
COHEN
& STEERS REALTY (ICF) |
70.61 |
87.23 |
83.61 |
+18.41 |
|
GOLDMAN
SACHS NETWORKING INDEX (IGN) |
30.81 |
37.17 |
37.17 |
+20.64 |
|
VANGUARD
INFORMATION TECH (VGT) |
47.40 |
51.99 |
51.87 |
+9.43 |
|
BASIC
MATERIALS (XLB) |
27.83 |
33.32 |
33.32 |
+19.72 |
|
FINANCIAL (XLF) |
30.43 |
33.07 |
32.91 |
+8.14 |
|
Winning/Losing Cyclic
Analysis Trades Since Inception
|
|
Annual Trades |
Total Trades |
Losing Trades |
Winning Trades |
|
Year 2004 |
44 |
5 |
39 |
|
Year 2005 |
16 |
2 |
14 |
|
Year 2006 |
18 |
6 |
12 |
|
Year 2007 |
15 |
7 |
9 |
|
Year 2010 |
4 |
0 |
4 |
| |
97 |
20 |
78 |
|
|
IMPORTANT
DISCLAIMER:
The Wall Street Money Letter Corp. is providing this newsletter and its
information for guidance and information purposes only. The information
contained herein has been compiled from sources deemed reliable and it is
accurate to the best of our knowledge and belief; however, the Wall Street Money
Letter Corp. cannot guarantee as to its accuracy, completeness and validity and
cannot be held liable for any errors or omissions. All information contained
herein should be independently verified and confirmed. Wall Street Money Letter
Corp. does not accept any liability for any loss or damage howsoever caused in
reliance upon such information. Reader agrees to indemnify and hold harmless
Wall Street Money Letter Corp. from and against any damages, costs and expenses,
including any legal fees, potentially resulting from the application of any of
the information provided by Wall Street Money Letter Corp. The Wall Street Money
Letter Corp. timing system has not been applied over a significant period of
time in real trading. Recommendations made in the future may or may not equal or
better the performance of the Wall Street Money Letter Corp. timing system as
simulated by historical back testing. The analysis, ratings and/or
recommendations made by made Wall Street Money Letter Corp. Market Timing and/or
any of its suppliers do not provide, imply, or otherwise constitute a guarantee
of performance. Past actual or simulated performance is no guarantee of future
results. Therefore it should not be assumed that future results will be
profitable or will equal past performance, real, indicated or implied. No
guarantee is offered by the Wall Street Money Letter Corp. regarding the
accuracy, market predictive powers, suitability or profitability (either
expressed or implied) of any of the information provided. This newsletter has
been prepared solely for informational purposes, and is not an offer to buy or
sell or a solicitation of an offer to buy or sell any security or instrument or
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Reader agrees to assume all risk resulting from the application of any of the
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