VDC: Long Consumer Staples / Short SPX (or NASDAQ)

2018년 1월 18일

Consumer Staples including Procter & Gamble and Coca-Cola are lagging the rest of the market by 20% in the last 12 months. This is extreme, and whilst the S&P500 has gained another 6% in 2018 YTD, these Consumer Staples firms have consolided near their highs. Yesterday's session saw them break through this ceiling.

View: Long VDC, Short SPX as a defensive reallocation. Time frame: 3-6 months.