(Recorded on 11/19/24) In Module 5, learn how to harness the power of Average True Range (ATR) to improve your day trading success. You’ll discover what ATR is, how to calculate and add it to your stock charts, and how to set profit targets and stop losses using...
TRADING THE TREND
CHART: Our Buy Signal on India Last March is Up 47%
One of our FTM Insiders emailed in over the weekend to thank us for the long-term buy signal we issued on India in our ETF Cheat Sheet last year.
(For those who are unaware, our popular ETF Cheat Sheet is updated monthly and tracks 40 different global financial markets, specifically our favorite ETF from each country. Every monthly issue includes the latest trends on each of these markets. When a new long-term uptrend begins, it often means it’s time to buy!)
As you can see from the above chart, we issued a new long-term UPTREND ALERT on India to our subscribers back in the March 2014 issue of our ETF Cheat Sheet.
Twelve months later, the India ETF (INDY) has risen by nearly 50%!
(That’s what our ETF Cheat Sheet is all about… Spotting new trends early, and profiting from them over time.)
But India is just one of the many successes that we have alerted our subscribers to over the last several months.
Last April, we issued a new long-term UPTREND ALERT on the Philippines. Since then, our favorite Philippines ETF has jumped nearly 18%…
Last September, we issued a new long-term DOWNTREND ALERT on Greece. Since then, Greek stocks have fallen more than 38%…
Tracking the trends in the global stock markets is just one of the many services we provide here at FTMDaily for our valued paid subscribers.
We track the trends, and our subscribers pocket the profits!
You can see a list of all of our services here. I hope you’ll decide to become a part of our Gold member community!
Until tomorrow,
Jerry Robinson
Whether you want to invest in Europe, Asia, or Latin America, our ETF Cheat Sheet will keep you on the right side of the market, no matter which global market you want to trade.
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Real-Time Market Update
(Courtesy of Finviz.com)
- NASDAQ TOPS 5,000; FIRST TIME IN 15 YEARS: The Nasdaq briefly touched the psychologically important level of 5,000 on Monday as investors cheered U.S. economic data and an interest rate cut in China. (CNBC)
- CHINA CUTS INTEREST RATES… AGAIN. For the second time in under four months China’s central bank has cut interest rates. (The Street)
- DOLLAR RALLY OVER?. Though it has been on a historic winning streak, King Dollar has come dangerously close to running out of luck. (Yahoo Finance)
- LUMBER LIQUIDATORS STOCK TUMBLES ON REPORT. Trading was halted Monday in Lumber Liquidators after its shares dropped more than 20 percent following a CBS report that the company sold flooring with higher levels of formaldehyde than permitted under state health and safety standards. (Forbes)