4/14/2019 Most indexes drift slightly higher. Dow jones (DIA) underperforming Nasdaq (QQQ), and I think this will continue to be a good pairs trade.

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QQQ weekly 4_14_2019

DIA weekly 4_14_2019

Above are QQQ and DIA on the weekly chart. We have approached all time highs and I suspect we will make new all time highs next week. Either way, I recommend buying QQQ and shorting an equal dollar amount of DIA for a low risk pairs trade. 

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Published by bigfry

Hi, I’m Nathan. I majored in Finance and minored in Piano Performance at Boston University (graduated in 2020). Outside of trading/investing, I enjoy programming, teaching and playing piano, teaching and playing Go, fishing, and watching anime. I also started my own Boba company while at BU. I'm currently teaching Go full time, which has been the best job I could ever hope for. I'm also currently attending the App Academy bootcamp which started in January 2023.

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