So how did that Dodd-Frank trade work out?

Posted by on Mar 16, 2017 in ArbMaker News! | No Comments

On February 7, 2017 issue #17 of our research service led with this:

hbanschwWell, the idea triggered a trade the very next day to long SCHW and hedge with a short HBAN position.

Yesterday, the position was closed at 13h01 US Eastern time ahead of the Fed’s interest rate announcement. The screenshot of the alert sent to subscribers shows the result (and uses Central European Time on the stamp):

HBAN SCHW CLOSE

A cherry-picked example for sure. But our full 2016 record is available here to download along with the rest of the harvest; and we will be publish quarterly updates.

As of this writing our internal trading account, based entirely on what is published in our research, is up +24.3% since inception in June, 2016. The S&P 500 is up +15.2%.

Subscribe directly right here.

 

Leave a Reply