Smelling Like a Rose in the Fertilizer Market
Unless you belong to the Psychic Friends Network, you have no idea what Federal Reserve chief Ben Bernanke or European Central Bank president Mario Draghi have planned for us this week. Sure, all signs point toward additional stimulus, but how much of that is already priced in? The market has been turned into a game of central-bank roulette, in which all of your best-laid plans could be rendered meaningless by the market's interpretation of word or a phrase.
How can we win in such a scenario? Should we bet on red or black, and then close our eyes and hope for the best? When market direction is uncertain, sometimes the best remedy is a market-neutral strategy. Find two stocks that are similar in many ways, determine which one has the edge, and play them against each other....377 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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