DG stock is highly correlated with bonds
DG's relative performance vs SPY is highly correlated with TLT on a weekly basis. Recent breakdown in correlation gives a good trading opportunity
Either DG is mispriced vs SPY or TLT is very cheap
Either DG is mispriced vs SPY or TLT is very cheap
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.