breakout retest – Page 25

21 Jul 2015

Staying Short On XLY, Combined With Weekly Short Put

by hedgopia | posted in: Derivatives, Equities, Technicals | 0

Hindsight is always 20/20. Back on June 1 when I hypothetically wrote a June 5th weekly 76.50 naked call on the SPDR Consumer Discretionary ETF (XLY), it turned out to be a dud trade. The idea was to generate income, … Continued

14 May 2015

KBE breaks out, retest probably on the way

by hedgopia | posted in: Economy, Equities, Technicals | 0

A month ago, KBE, the SPDR S&P Bank ETF, looked on the verge of a breakout (more here). Here we are, one month later, the ETF has indeed broken out. It has the potential to be a major breakout, as … Continued