5 Important Market Correlations: SP500, Euro, Gold, Crude Oil, & XLF
The following was from my twitter feed (to get live access, simply follow @adamsarhan) on 12.29.2011
1.
@adamsarhan
@adamsarhan- One of the strongest correlations remains: S&P500/ $XLF (financials ETF) = +97.5%!
2.
@adamsarhan - Another very strong correlation is SP500/Crude Oil= +95.2%!
3.
@adamsarhan- SP 500/Gold correlation has fallen to only +8.3% (out of 100%)
5.
- The SP 500/Euro correlation has fallen off a cliff over past few weeks. It’s only +26.6% =
