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Show how to compare two stocks, how to visualize 1 & 2 SD moves with BB bands as well as correlation coefficients with easy 1SD and Sigma over 0.90 . Recent AZN and MRNA biotech stocks have had Volitity over 120 and opportunities for trades with moves on news. Follow for changes and moves back to the MEAN!
Hey traders, today I share a pairs trade I put on, going long $PEP and short $MNST in equal amounts betting on a reversion to the mean in the next couple of days and with a tight stop loss to limit the downside. These are two similar stocks which make for a great pair and you can see on the Range Strength indicator the pair is currently trading in a strong range...
Buy banknifty 26800 26 march call @800 to 850 (2 lots) Buy Nifty 10600 26 march Put @304 to 330 ( 1 lot) hold till expiry and watch the magic
The series of higher lows on my RSI and MACD indicator against a series of lower lows in Price is starting to give me some technical indication that we could start to see Gold miners outperform platinum miners. We are seeing Bullish divergence here and it would not surprise to see this pair ratio of (J150 GOLD miners vs. J153 Platinum miners) move from current...
Much weaker than Class III Great spread opportunity
New pairs trade from @Lester_Davids. We are buying JSE:GFI and shorting JSE:HAR ratio 1.6066. GFI is ex Div in two days (R0.60) so keep this in mind.
Michael Porter on the Unum Capital Trading Desk likes the +AGL / -BHP pair. I might be a few days late on this one, an the ex Div date a few days back does affect the pair. entry 1.006 with a target of 1.095 (TP) and SL of 0.963
Retailer pairs idea from @Lesater_Davids +SHP / -WHL at 2.0330 with a target of 2.235 and SL of 1.932
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. Follow me to get fresh pair trading ideas!
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...
RobbyP, on our Unum Capital Trading desk, asked me look at Implats (IMP) vs Amplats (AMS) for a pairs trade. Unfortunately this trend doesn't look like it has reversed, so I'm staying away.
Trade details for SPY : 261/258 Put Vertical Credit Spread @ $0.37 Prob. of Max Profit = 79.79% Prob. of Max Loss = 12.62% Break-even @ $260.63 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...