FENY Forecast

Fidelity Covington Trust - Fidelity MSCI Energy Index Forecast

FENY        Fidelity Covington Trust - Fidelity MSCI Energy Index











Correlated Assets

Assets that tend to move strongly with FENY



EOG Forecast + Options Trading Strategies   EOG  EOG Resources (0.91)


EMR Forecast + Options Trading Strategies   EMR  Emerson Electric (0.85)


CPRT Forecast + Options Trading Strategies   CPRT  Copart (0.83)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.81)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (0.8)



Uncorrelated Assets

Assets with little price relationship to FENY



ARKK Forecast + Options Trading Strategies   ARKK  ARK Innovation (0.0)


ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (0.0)


GSBD Forecast + Options Trading Strategies   GSBD  Goldman Sachs BDC (-0.0)


FDMT Forecast + Options Trading Strategies   FDMT  4D Molecular Therapeutics (0.01)


QSI Forecast + Options Trading Strategies   QSI  Quantum-Si Incorporated - (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against FENY



ADBE Forecast + Options Trading Strategies   ADBE  Adobe (-0.7)


IGT Forecast + Options Trading Strategies   IGT  International Game Technology (-0.7)


TMF Forecast + Options Trading Strategies   TMF  Direxion Daily 20+ Year Treasury Bull 3X Shares (-0.75)


NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (-0.78)


ZTS Forecast + Options Trading Strategies   ZTS  Zoetis (-0.78)









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