UPS delivered some ok earnings. A good pair trade here: long UPS and short S&P 500
CORRELATION :74% COINTEGRATION : 0.77 LONG UPS(GREEN) @ $ 72.59 SHORT FDX (RED) @ 90.65
$UPS : for the week of September 10, 2012 this basket aims to focus on companies and industries that are hiring. Entry for all the baskets in at the 3rd/30 minute candle high and a forced exit on Friday at 3p/est unless a parachute exit presents during the weeks action. Currently, the baskets created over the past seven weeks gain have reached +15.75%-percent....