I think the JSE:OMU rerating relative to JSE:SLM is overdone and I am looking to enter the pair around 0.2462 with a target of 0.27 (TP1) and 0.275 (TP2). My stop-loss is set at 0.234
Soem days ago I highlighted an interesting chart pattern related to the pair XLF/KRE, mentioning that AMEX:XLF could soon outperform AMEX:KRE . Well it turned out very well.
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DUK and XEL have a 84,3% correlation over 60 market days.
Applying some of the most popular indicators on the pair DUK/XEL shows an interesting pattern. While XEL has been clearly outperforming DUK since several weeks, a trend reversal seems to occur. DUK might catch up in the coming days and weeks. The daily and the weekly RSI (1st indicator at the top...
Applying some of the most popular indicators on the pair JPM/PRU shows an interesting pattern. While PRU NYSE:PRU has been clearly outperforming JPM JPM since several weeks, a trend reversal seems to occur. JPM might catch up in the coming days and weeks. The daily and the weekly RSI (1st indicator at the top "Ultimate RSI Multi Timeframe"), the Wave Trend...
Applying some of the most popular indicators on the pair XBI/IBB shows an interesting pattern. While XBI has been clearly outperforming IBB since several weeks, a trend reversal seems to occur. IBB might catch up in the coming days and weeks.
Applying some of the most popular indicators on the pair HRL/HSY shows an interesting pattern. While HSY has been clearly outperforming HRL since December 2018, a trend reversal seems to occur. HRL might catch up in the coming days and weeks.
Applying some of the most popular indicators on the pair XLF/KRE shows an interesting pattern. While KRE has been clearly outperforming XLF since December 2018, a trend reversal seems to occur. XLF might catch up in the coming days and weeks.
Recently our Unum Trading Desk analyst, Lester Davids identified a potential pairs trade on Heating Oil and Nat Gas.
"I am bullish on NatGas with a medium term view. We recently saw a break of the downward trend with an inverse head and shoulder developing. In the short term though, we could see a pullback following the breakout. On that basis, one could be...
Trade details for QQQ:
159/149 Put Vertical Debit Spread @ $2.97
Prob. of Max Profit = 18.00%
Prob. of Max Loss = 43.96%
Break-even @ $156.03
52 D.T.E.
Trade plan:
QQQ identified to be overbought + sign of weakness compared to recent rally.
SPY & QQQ are highly correlating, with QQQ as more volatile mover (suitable for debit spread).
Feb. expiration has...
Possible pairs trade setup targeting ETH$250/BTC$2540. Bitcoin weak as the (non)effects of the Cash fork continue to digest. Perhaps more notably, Ethereum has remained strong rising 7.5% on the day through 6:00pm EST
