Two Sectors With A 6-Month, 33% Spread
Dec 10, 2024
1 min read
Tuesday 10 December 2024 (Time: Pre-Market)
Over a period of 6 months, the STXFIN (Financials) is higher by 30% while the STXRES (Resources) is lower by 3.72%.
For traders who employ a market neutral strategy, this may be an opportunity to sell Financials and buy Resources.
Related Posts:
BHG https://www.unum.capital/post/bhp-group-in-terms-of-relative-positioning-this-chart-is-important
EXX https://www.unum.capital/post/exxaro-resources-a-positive-response-to-the-fd-s-pre-close-message
Lester Davids
Analyst: Unum Capital
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