Hi guys, I will be presenting a trade idea that is of a much larger scale. This trade idea involves predicting the next recession - something that is at the back of almost every investor's minds.
I will be proposing an open trade at 45.06, which is represented close to the fibonacci 0.786 level, a stop loss at the 51.94 level (which is close to the previous...
Very high correlation btw relative value of EM vs DM stocks and Gold price
At the moment, either EM is very cheap vs DM or Gold is very expensive. This should correct in coming weeks
Idea stolen from TickByTick_Team on Twitter. Sorry not allowed to paste links here
The 1-year moving average is starting to turn bearish on a move to revert to the mean (3-year and 5-year MA).
This will present a buying opportunity at different key levels, depending on your patience and risk profile.
Ref. price: 43.83
$VEA I see rejection at $44, today closed below the sma50 on 2.72x average volume.
Looks like a good spot to short with a max risk of 2atr (14) stop on close.
So here we are, S&P 500 at 2,000, bears have good arguments and bulls have good arguments as well. As of right now, I have no idea where equities are going, I'll let the market tell me.
But here is a quick trade idea I got today. By the way, please correct me if there is something wrong in my analysis as this is my first real market-neutral trade that does not...
NYSE Arca
