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



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.99)


CVX Forecast + Options Trading Strategies   CVX  Chevron (0.85)


HES Forecast + Options Trading Strategies   HES  Hess (0.8)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (0.8)


NOG Forecast + Options Trading Strategies   NOG  Northern Oil and Gas (0.72)



Uncorrelated Assets

Assets with little price relationship to FENY



KKR Forecast + Options Trading Strategies   KKR  KKR (-0.0)


TOST Forecast + Options Trading Strategies   TOST  Toast (-0.0)


FDX Forecast + Options Trading Strategies   FDX  Fedex (-0.01)


ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (0.01)


DKL Forecast + Options Trading Strategies   DKL  Delek Logistics Partners LP - Unit (0.01)



Anticorrelated Assets

Assets that tend to move strongly against FENY



SOHU Forecast + Options Trading Strategies   SOHU  Sohu.com Ltd. (-0.5)


UL Forecast + Options Trading Strategies   UL  Unilever (-0.5)


SCO Forecast + Options Trading Strategies   SCO  ProShares UltraShort Bloomberg Crude Oil (-0.52)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.53)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.53)









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