Trading Etfs: Gaining an Edge with Technical Analysis

9781576603055

1576603059

Total assets held in exchange-traded funds (ETFs) have increased to nearly $500 billion dollars--an extraordinary increase. ETFs combine the potentially high returns of individual stocks with the diversification benefits of mutual funds. In" ""Trading ETFs," trading expert Deron Wagner describes the only ETF-trading strategies that offer traders a greater than fifty-fifty chance of predicting short- and intermediate-term trends. These strategies are based on technical analysis and include his own top-down approach, improving a trader's odds in both up "and" down markets. Wagner introduces the many different types and families of ETFs, including the new sector-specific ETFs that let investors speculate on the direction of particular market sectors, as well as the new bond ETFs, which are excellent vehicles for short-term traders. He also offers details of actual trades he has made, showing exactly how they are done. "Trading ETFs" enables a trader to: determine the direction of the broad market, find sector indexes with the most divergence from the broad market, identify ETF families that show the most relative strength or weakness within the sector, and find the proper timing for entering new ETF trades.