timwest

Discover Financial Services - DFS -Daily - Ahead of the pack -

Short
NYSE:MA   Mastercard Incorporated
4
The charts are lined up to the high in 2008 and the current rally looks tired at the old high, creating the look of a double-top. Given that MA and V are well off the highs and have been lagging DFS, it looks like a trade is set up here to short DFS and go long MA and V as a package. Make the longs the same total dollars as the short.

Risk a loss of 5% on the whole position, Target a gain of 10%.
Time period: 1-month.

Catalyst: The attention that Visa is bringing to Apple will lead people to analyze this space for arbitrage opportunities.

Tim 10:25AM EST 9/9/2014 MA 75.79, DFS 63.39, V 214.81

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