SaxoTV

Shell & Conoco – a perfect pair this week

536 views
March 20, 2015 conocco, conoco phillips, conocophillips, conocophillips stock, equities, equity, equity pair, equity trading, exploration and production, koefoed, mads, mads koefoed, madskoefoed, oil exploration, oil industry, oil production, pair, pair trade, pairs, pairs trade, royal dutch shell, royal dutch shell shares, royal dutch shell stock, saxo, saxo bank, saxo bank equities, saxo bank group, saxo bank saxo tv, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo bank tv, saxo traders, saxo trading, saxo tv, saxo tv saxo bank, saxo tv trades, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotv, shell, shell stock, trade, trade idea, trading, trading equities, trading equity, trading idea, tradingfloor, tradingfloor saxo bank, tradingfloor saxo tv, tradingfloor.com, tradingfloor.com saxo tv, tradingfloor.com trade ideas, tradingfloorcom

Trading Royal Dutch Shell and ConocoPhillips as an equity pair this week has provided investors a healthy return, says Saxo Bank’s Mads Koefoed.

He recommended the trade on Monday after the spread between the two equities had widened to 2.8. Since then, Royal Dutch Shell has staged a comeback, meaning the spread is now below 1% with a potential profit of around 5%.