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RPAR - RPAR: Fed Day Could Trigger Long-Awaited Rally
May, 05 2022 01:33 AM
RPAR Risk Parity
RPAR posted its largest daily gain since February on the back of the Federal Reserve's decision to hike interest rates by 50 bps. This could be the catalyst that sends risk parity back towards peak levels. History suggests that such move is not a matter of if, but when. I believe that the risk-reward dynamic for RPAR is highly favorable at current levels, which is why I upgrade this ETF to a "strong buy" today. For further details see:
RPAR: Fed Day Could Trigger Long-Awaited Rally
Stock Information
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RPAR Risk Parity
Stock Symbol:
RPAR
Market:
NYSE
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