Seeking Alpha

Goldman makes a big call on an EU comeback, recommending going long a basket of European firms...

Goldman makes a big call on an EU comeback, recommending going long a basket of European firms with high domestic sales exposure against a short of companies with high U.S. exposure. Jeff Gundlach's May recommendation of long Spain vs. short U.S. is working, EWP outperforming SPY by 400 bps since.
From other sites
Comments (3)
  • robgra
    , contributor
    Comments (436) | Send Message
     
    Must be "fleece the muppets" time at Goldman again...
    20 Aug 2012, 09:07 AM Reply Like
  • sheeple2012
    , contributor
    Comments (203) | Send Message
     
    Why put on a pairs trade? just get long EVERYTHING, because everything is fixed!!
    20 Aug 2012, 09:25 AM Reply Like
  • whidbey
    , contributor
    Comments (3395) | Send Message
     
    Makes no sense. If the ECB will not sell bonds this is just a trade for a short swing, not a trend, nor even a long swing.
    20 Aug 2012, 08:44 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs