We are monitoring the $XLK $VMW $spread based on recent insider activities. We are hoping that we can get a spike in the 10 * $XLK - 3 * $VMW to the 20 level. We have used the My Alerts feature of our Spread Analyzer to monitor this $spread for us. Located below, are all the documents supporting our thesis, as the insider buying we think is bullish for VMW (bearish for the spread). If the $spread reaches the $20 level, we will be happy sellers.
Written by Aris David. Follow me on Twitter and StockTwits.
