About Me

My photo
Colorado/Scotland, United States

Tuesday, 16 March 2010

Pair Trade

UPS WEEKLY

UPS MONTHLY

FDX MONTHLY

FDX WEEKLY




I am currently long UPS and short FDX. I know sectors move unison, but I feel money will be flowing into undervalued assets and I believe UPS is undervalued compared to FDX. Plus I think UPS has more room to run on the upside. Here are their weekly and monthly charts. FDX is currently bumping up against long term moving averages, while UPS still has a bit to go before hitting its same long term moving average's.

No comments:

Post a Comment