Pairs Trading & Test Driving BioTech (BIIB – IBB)

Tom Cook

(Biogen, Inc – Ishares Nasdaq Biotech Index Fund). Thank You to our follower “leon” for bringing the pair to Thursday’s Pairs Hour Show! I show the pair in a 1+/- standard deviation channel, and it looks like it travels about 10 handles below the 10 SMA. Both stocks are quite expensive with “BIIB” at $289, […]

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