CORRELATION : 78 % CO - INTEGRATION : .99 (excellent) LONG POWI @ : 34.16 SHORT UMC @ : 2.31 unfortunately I wont be able to place this trade as my broker doesn't have enough shares in the short inventory. Oh well.
CORRELATION : 69 % CO - INTEGRATION : .86 LONG XCO @ : 9.63 SHORT SU @ : 31.18 will have to be patient with this trade......
CORRELATION :70% (acceptable) CO -INTEGRATION : 0.61 ( acceptable long NFG @ 55.21 short EGN @ 52.38 Should be a interesting trade. Not particularly happy with the co -integration, but it meets my criteria to enter a trade.
CORRELATION :70% (acceptable) CO -INTEGRATION : 0.86 long NAT @ 12.63 short ULTR @ 3.18
CORRELATION :96 % CO -INTEGRATION : 0.65 ( acceptable) long EOG @ 101.45 short PXP @ 38.75
SHORTING DIOD (RED) current price 20.95 LONG FCS (GREEN) current price 11.61 Correlation --> 80% Co-Integration --> 0.92 Based on trade history of this pair , I expected to make money on one leg only. @lgo kid
CORRELATION : 93 % CO INTEGRATION : 0.84 SHORT EBAY (BLIUE) LONG AMZN ( ORANGE)
correlation of 94%, co integration of .93. short NAT (blue) long OSG ( orange).
93% correlation , Shorting EWC ( Blue) and long EWT ( orange)......
current correlation of 89 % , very good co integration at .94. SHORT DRYS (BLUE) LONG OSG ( ORANGE)....
Again the same thing happened this morning. Will History repeat itself ? I don't know , and hopefully not. But with the current situation in Europe , I wouldn't bet on a bull rally anything soon.
Today's announcement brings memories of sep 18, 2008, when the world central banks made the same announcement as this morning.........
Correlation is about 81 % right now ,very high co-integration at 0.91. i'm long SLF (orange) and short VLCCF (blue).
bullish gravestone doji candlestick • Direction: Bullish • Type: Reversal • Reliability: Weak Could we see a short rally before the end of year ? We shall see on Monday.
Correlation of 92 % , LONG EWO (BLUE) SHORT EWY (ORANGE)