GOIH Capital Markets sees the market opening lower today and trading down suggesting a short in the QQQs or in an ETF that tracks the Nasdaq or Dow for a short term trading opportunity.
We are looking to exit our AAPL position at a sell stop of $131.00
We are monitoring BIIB, CFC, BAC, GS, C for trading opportunities.
ETFs for Dow: iShares Dow Jones U.S. Industrials Index Fund.
We have numerous arbitrage trading opportunities we have developed and are in continuous R&D for the profitable trading opportunities.
Arbitrage Opportunities:
ishare Dow Jones Financial Sector Index Fund contains 293 securities and tracks this sector as an index.
A relative arbitrage opportunity can be created by the following:
1. Our arbitrage trading unit will recreate a synthetic index, G1 Financial Sector Index, with a 1:1 correlation to the ishare index that isolates the securities that create the majority of the movement in the ishare index either up or down.
2. To take a long or short view relative to the ishare index the volatility is calculated for the ishares index and normalized for 3 standard deviations about the mean for the trading price of the ishare index.
3. The G1 synthetic index components are then weighted to mirror the volatility of the ishare index compared to the Vix volatility index.
4. The G1 index is traded against the ishare and the Vix either long or short via counterparty.