Buy the equal-weighted S&P 500 ETF and short Cathie Wood's Ark Innovation, Trivariate Research says

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Buy the equal-weighted S&P 500 ETF and short Cathie Wood's Ark Innovation, Trivariate Research says
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Trivariate Research says this pair trade offers a way to capitalize on postelection optimism heading into 2025.

One way investors can ride the wave of optimism heading into 2025 is by shorting Cathie Wood 's ARK Innovation ETF and buying the equal-weighted S & P 500 Index, according to Trivariate Research.

mountain The Ark Innovation fund is on track for its best month of the year. Parker's pair trade idea comes as stocks continue to reach new all-time highs in the wake of President-elect Donald Trump's victory earlier this month. The market was further buoyed this week by Trump picking hedge fund manager Scott Bessent as his intended Treasury secretary, and chose to ignore Trump threatening 10%, across-the-board tariffs on Chinese imports and 25% on goods entering the U.S.

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