Thematic - Pair Trade Idea - Long EBAY Short ETSY

publication date: Sep 24, 2019

Two drivers for the idea.  1. Strong multi-factor model score of EBAY vs. ETSY. The relative performance of EBAY vs. the S&P 500 is a heavy weight in the model.  2. ETSY has rallied into an area of overhead supply/resistance, and is overbought short-term.

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