FDMO Forecast

Fidelity Covington Trust - Fidelity Momentum Factor Forecast

FDMO        Fidelity Covington Trust - Fidelity Momentum Factor











Correlated Assets

Assets that tend to move strongly with FDMO



AIQ Forecast + Options Trading Strategies   AIQ  Global X Funds - Global X Artificial Intelligence & Technology (0.98)


QQQM Forecast + Options Trading Strategies   QQQM  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.97)


VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (0.96)


RCL Forecast + Options Trading Strategies   RCL  Royal Caribbean (0.93)


BYD Forecast + Options Trading Strategies   BYD  Boyd Gaming (0.91)



Uncorrelated Assets

Assets with little price relationship to FDMO



SGML Forecast + Options Trading Strategies   SGML  Sigma Lithium (-0.01)


SIG Forecast + Options Trading Strategies   SIG  Signet Jewelers (-0.03)


LU Forecast + Options Trading Strategies   LU  Lufax Holding Ltd (0.05)


HL Forecast + Options Trading Strategies   HL  Hecla Mining (-0.05)


TREX Forecast + Options Trading Strategies   TREX  TREX Co. (0.05)



Anticorrelated Assets

Assets that tend to move strongly against FDMO



UWMC Forecast + Options Trading Strategies   UWMC  UWM Holdings Corporation (-0.49)


TTE Forecast + Options Trading Strategies   TTE  TotalEnergies SE (-0.5)


CURE Forecast + Options Trading Strategies   CURE  Direxion Daily Healthcare Bull 3X Shares (-0.51)


OGN Forecast + Options Trading Strategies   OGN  Organon (-0.55)


IHF Forecast + Options Trading Strategies   IHF  BlackRock Institutional Trust Company N.A. - iShares U.S. Healthcare Providers (-0.6)









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