You ask, we listen! On December 8 we wrote a blog post about our views on trading statistical spreads with stocks in the same industry. Since then, we have received tons of requests to provide you with the ability to sort and filter SpreadTraderPro's daily scan by sector and industry.
The industry information is now included with your SpreadTraderPro daily scan, at no additional charge! Not a member? Click here to find out more about our daily scan data, members-only forum, and exclusive blog.
If you agree with Jen's view in the blog post and think statistical arbitrage pairs should contain stocks in similar businesses, then we're making it even easier to find great trading candidates within a common industry or sector. If you agree with Michael's view that cash is king no matter what business the stocks are in, then you can still see all the same types of great trading candidates you've always seen. Either way, we think you will find the industry data helpful.
Happy Spread Trading!