Posted on March 24, 2020
Yesterday we opened a QQQ/CLX pairing that recommended you –
…consider selling shares of CLX (then going for $177.40) and buying shares of QQQ (then trading for $170.70) in equal numbers. Total credit on the trade was $6.70.
The communiqué was called Snap Back in the Works, and Two Trades to Tend, and we’re proud to announce that snap it has – and mightily!
Today, as we write, QQQ trades for $180.94 and the smelly CLX goes for just $169.83.
Sell the former and buy back the latter and you step out with $17.81 on nothing laid out.
Adjusted for minimal commissions gives you an extraordinary 11,773% in a day and a half.
What would you call that, if not –
Fellow Jews – it’s a sure enough sign of the redemption!
Stay close. We’re delivering.
Alan B. Harvard