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DownloadCorrelation Among Stocks by Michael P. Turner
ARTICLE SYNOPSIS ...CorrelationAmong Stocks by Michael P. Turner If you are trading stocks, you may find opportunities by tracking the correlation between them. This can lead to different strategies such as trading one company off of another's news, spread trading, and sector trading. The techniques described here were adapted from the book Day Trading Into The Millennium, available from http:// www.tradersresource.com. In today's financial markets, a relationship, or correlation, exists among all securities. Sometimes there is a positive correlation, sometimes there is a negative correlation, and sometimes the...
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