FCOM Forecast

Fidelity Covington Trust - Fidelity MSCI Communication Services Index Forecast

FCOM        Fidelity Covington Trust - Fidelity MSCI Communication Services Index











Correlated Assets

Assets that tend to move strongly with FCOM



SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (0.99)


SPXL Forecast + Options Trading Strategies   SPXL  Direxion Daily S&P 500 Bull 3X Shares (0.98)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.98)


TTD Forecast + Options Trading Strategies   TTD  Trade Desk (0.97)


FNGS Forecast + Options Trading Strategies   FNGS  Bank of Montreal - ZC SP ETN REDEEM 08/01/2038 USD 50 (0.97)



Uncorrelated Assets

Assets with little price relationship to FCOM



UWMC Forecast + Options Trading Strategies   UWMC  UWM Holdings Corporation (0.0)


SAVA Forecast + Options Trading Strategies   SAVA  Cassava Sciences (0.0)


SUI Forecast + Options Trading Strategies   SUI  Sun Communities (0.01)


S Forecast + Options Trading Strategies   S  Sprint (0.02)


ATUS Forecast + Options Trading Strategies   ATUS  Altice USA (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against FCOM



DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (-0.88)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.9)


XRAY Forecast + Options Trading Strategies   XRAY  DENTSPLY Sirona (-0.91)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.98)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.98)









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