I may be wrong, but I think he's trying to reinvent pairs trading.
That's a Forex thing, yes? Machete don't FX.
OK, give me a ticker you think would most offset QQQ losses so I can test...
- Thread starter SoyUnGanador
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That's a Forex thing, yes? Machete don't FX.
Well shit Overnight, yahoo finance does not appear to let me download ZN prices. So I cannot run that scenario. 
Well shit Overnight, yahoo finance does not appear to let me download ZN prices. So I cannot run that scenario.
You don't need to. Schizo already provided a correlation chart between the two...
https://www.elitetrader.com/et/thre...sses-so-i-can-test.369188/page-2#post-5659529
My thesis fails after the beginning of year.
That is a good suggestion. But to run the comparison I have to tune it down to a single ticker. Got any utility EFF or CEF ticker I should use? Thanks!!!
The thing is that the bond and gold used to be considered as safe havens. That no longer applies these days. According to the intermarket analysis, when market A goes up or down, market B would react accordingly. But that whole intermarket dynamics broke down in the last 10 years.Mmm, I see the inverse relationship broke down in early 2022, like everything else when the Fed went to the wild side on Rate decisions. My bad.
Hmmm, not based on what that chart you posted revealed. Granted, it was just a 2Y lookback, but it seems everything was going well, until the Fed dropped the rate hike hammer in November 2021. *shrugs*
XLU is the only Utility ETF I can think of.
It also happens to be the most effective risk-reducing equity ETF or so they say...
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Chart Posters. - Open invite y'all!
https://www.elitetrader.com/et/thre...t-right-here-baby.343012/page-19#post-5659262