PAIRS: GOOG and TGT (again)
It's very interesting to see just how similar these two stock charts are.
It's hard to tell which one is which and yet they couldn't be more different.
Good old fashioned retail sales and good new fashioned high tech and yet they are moving to the beat of the same drummer.
I've pointed out this pair before and hope some of you have made some money buying TGT versus being short GOOG.
Hope we can graph ratios in the near future so you can see just exactly what the return would be by going long TGT and short GOOG at times when it is opportunistic to do so.
Cheers.
Tim
4:15PM Tuesday, April 9, 2013 (Eastern Standard Time, Market is closed)
It's hard to tell which one is which and yet they couldn't be more different.
Good old fashioned retail sales and good new fashioned high tech and yet they are moving to the beat of the same drummer.
I've pointed out this pair before and hope some of you have made some money buying TGT versus being short GOOG.
Hope we can graph ratios in the near future so you can see just exactly what the return would be by going long TGT and short GOOG at times when it is opportunistic to do so.
Cheers.
Tim
4:15PM Tuesday, April 9, 2013 (Eastern Standard Time, Market is closed)
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.