EXPD-1.6*PWR $EXPD (Expeditors Intl) vs. $PWR (Quanta Services)Quantamental Tools for Proprietary and Retail Investors.
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Long 100 $EXPD
Short 160 $PWR
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Copper possible monsterBig demand for indu metals. Or at least price is going up for some reason. Maybe suriv supply problems?
Been following this one for a while. Could be a time to buy again. I don't even remember how many times I got in and out in the last 3 months.
Not dozens either but more than once or twice.
Anyway in general they (real world use metals) go up this year.
A big scary rapid move down is exactly what I was waiting to see in this market. I hope other buyers got scared and removed their orders (and will buy higher when there won't be big scary moves)
Anyway with a RR huge like this I don't need to win often here.
Worth a shot imo.
ValuEngine Upgrades $CBAY to a STRONG BUY Rating Expected Returns
1-Month 5.47 1.70%
3-Month 5.54 2.94%
6-Month 5.57 3.62%
1-Year 6.49. 20.59%
Gold Shake OutGold broke out of its pennant pattern a couple of days ago. Either we have a breakdown or a shake out (caught me out at break even) occurring right now just below the 50ma. A similar shake out occurred during the last pennant just before it exploded north.
I have bullish leanings for gold, given all the stimulus and extra stimulus coming out of the US. I'll be re-entering on a daily finish above the 50ma.