CAT is lagging IR in the past year
Heavy equipment maker IR (Ingersoll-Rand) has been outpacing CAT in the past year. The recent setback in CAT wasn't matched by a drop in the shares of IR and a spread has opened up in the performance of these two securities.
I have played the short side of CAT and IR off and on for the past few months, but this way of setting up a trade between these two securities seems to make a lot of sense to me.
The low volume bounce in IR ought to be confirming the weak rally in IR shares.
Risk: 3% between the two.
Reward: 10%
Time frame: Estimate 10-15 days
Cheers.
Technical TIm, Tuesday May 29, 2012 4:16PM EST
I have played the short side of CAT and IR off and on for the past few months, but this way of setting up a trade between these two securities seems to make a lot of sense to me.
The low volume bounce in IR ought to be confirming the weak rally in IR shares.
Risk: 3% between the two.
Reward: 10%
Time frame: Estimate 10-15 days
Cheers.
Technical TIm, Tuesday May 29, 2012 4:16PM EST
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.