PAIRS: Short IYT versus Long BRK.B - nearly 20% spreadBerkshire Hathaway BRK.B has been lagging the Transports (IYT) lately and it looks poised to catch up or the Transports look ready to "catch down" to BRK.B
The spread is roughly 20% in performance over the past 8 and 4 months and presents a low risk way to capture returns without market-specific risk.
BRK.B 126.68 -0.50 = BUY
IYT 146.78 -0.15 = Sell Short
Risk 4% = Goal for return 10% in 2-3 weeks
Tim 11:10AM EST 6/19/2014 Thursday
