timwest

PAIRS: Short IYT versus Long BRK.B - nearly 20% spread

NYSE:BRK.B   BERKSHIRE HATHAWAY INC DEL
184 2 8
Berkshire Hathaway BRK.B             has been lagging the Transports ( IYT             ) lately and it looks poised to catch up or the Transports look ready to "catch down" to BRK.B            

The spread is roughly 20% in performance over the past 8 and 4 months and presents a low risk way to capture returns without market-specific risk.

BRK.B             126.68 -0.50 = BUY
IYT             146.78 -0.15 = Sell Short

Risk 4% = Goal for return 10% in 2-3 weeks

Tim 11:10AM EST 6/19/2014 Thursday
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timwest PRO
2 years ago
7/7/2014 - BRK.B 128.70 + 2.02 or +1.5%, IYT 147.14 +.36 or -0.25% = TRADE +1.25% with no loss.
Reply
timwest PRO
2 years ago
IYT and BRK.B price performance came back together for a 20% return on this trade.
+1 Reply
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