Trading Idea # 4: BMW vs. Auto Sector
BMW has shown very good earnings with new EBIT record high margins. Recent release of 1-series and 3-series should maintain the momentum in the following months.
For a more compelete analysis on BMW, please read my Seeking Alpha articles:
To hedge the market and sector exposure, a short position on the European auto sector through the index SXAE (Bloomberg Ticker) is added.
Trading Idea #4: Long BMW vs. Short Eurostoxx Auto Index