xlk Archives - The Steady Trader

Shorting the Technology Sector ETF

The technology sector as measured by the SPDR Technology ETF (ARCA:XLK) may have reached some meaningful resistance over the past few days. After rallying more than 100% off the early 2009 bottom to its recent highs in February this exchange traded fund proceeded to break that multiyear uptrend in early August. Year to date […]

Technology Sector (XLB) Almost At New Highs

If you measure the technology sector by the popular SPDR ETF called the XLB, the sector is not only 25 cents away from new 2011 highs, but also from fresh 3.5 year highs. From a technical analysis perspective the inverted head and shoulders pattern (see white bubbles on chart) is working out well and if […]

Get Serge’s Daily Trading Tips

Want my tips and tricks to the markets? Subscribe and learn more about trading and investing, get an upper hand on the markets and on the path to a steadier trading and investing process. By subscribing you can expect to get anywhere from 2-4 new videos each week with clear, actionable, and relevant market commentary directly in your inbox. Not to mention you’ll be the first to know when we have upcoming Live Training Sessions. Enter your name and email and welcome to The Steady Trader family.

Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Read our Full Disclaimers HERE.