$TGT (Target Corp.) and $KSS (Kohl’s Corp.) created a profitable trade on both sides of the pair this morning using the BAM Pair Trading Strategy. The net profit potential was $310 trading buying KSS at $58.55 while shorting TGT at $49.07. Entered position at 10:20am EST and exited at 10:55am EST.
Pair Pick: Target Corp. (TGT) and Kohl's Corp. (KSS) on October 27th 2009