Transport Sector, China and Asia-focused Research

Charles De Trenck

Thematic (Sector/Industry)

United states Consumer staples / Thematic (Sector/Industry)

<p>The recent sell-off and bounce back of <a href="https://www.smartkarma.com/entities/20359" target="_blank" data-smartkarma-citation="entities:20359:1">Target Corp (TGT US)</a> (Beta of 0.4 – 0.6!!) last week tells a story of volatility not told by the VIX Index (see also VXX). For some time, we have seen so many sectors and stocks trade like yo-yos.</p><p>Shipping and Airline stocks… and tech stocks like <a href="https://www.smartkarma.com/entities/19009" target="_blank" data-smartkarma-citation="entities:19009:1">Advanced Micro Devices (AMD US)</a> I am used -- ironically I tend to trade these less and usually accumulate in shipping and airlines for slightly longer holds. But, recently, I have been less used to these hit and run…</p>

The recent sell-off and bounce back of Target Corp (TGT US) (Beta of 0.4 – 0.6!!) last week tells a story of volatility not told by the VIX Index (see also VXX). For some time, we have seen so many sectors and stocks trade like yo-yos.Shipping and Airline stocks… and tech stocks like Advanced Micro Devices (AMD US) I am used -- ironically I tend to trade these less and usually accumulate in shipping and airlines for slightly longer holds. But, recently, I have been less used to these hit and run…

Machine Trades with a Hammer and Taking the Other Side (Trading the Vol Beneath the Surface)