I'm having a good day today too. It seems to me that I have found 2 stocks that can be arbitraged over a distance of several years. Probable average return of 1-2% for 5 days (on futures). Will I really become a multi-millionaire :)
I'm having a good day today too. It seems to me that I have found 2 stocks that can be arbitraged over a distance of several years. Probable average return of 1-2% for 5 days (on futures). Will I really become a multi-millionaire :)
Sounds too good to be true, doesn't it?
Yes. But this is the second day I’ve been doing calculations. Didn't sleep all night :) Over a 15-year period, one stock was consistently worse than the other in both bull and bear markets. Every year. And these are the 2 largest stocks in their sector.