The solar sector vs. crude oil appears to be a natural pair set up. Trina Solar vs. Light Sweet Crude
Yingli Solar vs. Sweet Light Sweet Crude
Airlines vs. Light Sweet Crude also seems natural. But the chart of Alaska Air that I pulled is negative on this pair at this time. However, the upside is big if a correlation begins to form. In other words, now is a “buy low” moment for this pair: near maximum risk, but very high potential. I’ll leave it to those who sleep overnight well.
The end of June marked a good moment for the Dr. Copper vs. Crude Oil pairs trade.
The Thirty-year Bond vs. The 10-year Note, .9913
The Russell vs. the Nasdaq, .9853
The Russell vs. the S and P’s, .9578
The Russell vs. Light Sweet Crude, .9407
The Russell vs. DJIA, .929
Light Sweet Crude vs. YGE, .9168
SPX vs. YGE, .9144
Light Sweet Crude vs. TSL, .8978
Gold vs. Silver, .8022
Light Sweet Crude vs. ALK, .4227
The Russell vs. Gold, -.3852
SPX vs. VIXX, -.9658
The Dollar vs. The Euro, -.9837
Thanks to Pascal Willain once again for turning my attention to solar.