Pair Trades

The Permian basin space is becoming overcrowded, resulting in a situation where survival and growth are increasingly difficult, according to Bernstein.  The Permian basin is a large oil-producing basin situated in the western part of Texas and the southeastern part of New Mexico, and comprises...

Oil prices held up well in 2017, brightening the outlook for energy companies. Against this backdrop, Morgan Stanley recommends a pair trade in the U.S. refining sector. A pair trade is a market neutral strategy, which helps to make profits irrespective of how the market moves by taking...

Financial stocks have fallen on Chinese growth concerns, but the Street's target prices "barely moved," according to James Fotheringham of BMO Capital Markets. Fotheringham is recommending investors "buy the dip." Fotheringham offered two pair trades, including buy...