AMEX:HYG   ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF
296 4 5
High Yield Corp Bonds are trying to turn
up from oversold. The recent selloff in HYG            
was giving us the heads up that stocks were
vulnerable. The way to trade this setup is to
buy HYG             and short SPY             . $2 in HYG             vs $1 in SPY             .

Tim 4:32PM EST HYG             92.69 last, SPY             200.48 last.
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thanks for this post
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timwest PRO
2 years ago
HYG 92.99 last +0.30, SPY 201.27 +0.79
HYG +0.33%X2 =+0.66%
SPY +0.37% = -0.37%
Net trade +0.29%
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timwest PRO
2 years ago
SPY 198.08 (vs 200.48) = 2.40 pts profit or 1.2%
HYG 92.54 (vs 92.69) = 0.15 pts loss or 0.2% X 2 = -0.4%
Net trade +0.80%
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timwest PRO
2 years ago
HYG dividend 0.39 on 10/1/2014
HYG 91.84 last = 92.23 last down .46 (x double position)
SPY 194.38 last = down 6.10 pts or 3.13%
Net P&L = +2.13% (HYG -1%, SPY +3.13%)

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