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S&P 500
5,158.76
(
0.60%
)
US TECH 100
17,498.80
(
0.46%
)
Dow Jones
38,744.41
(
0.18%
)
Brent Oil
83.17
(
0.05%
)
Bitcoin
63,447.71
(
-0.86%
)
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GreenReeper

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GreenReeper

Re: None

Sunday, 03/01/2015 6:54:11 AM

Sunday, March 01, 2015 6:54:11 AM

Post# of 821321
The consumer discretionary sector dipped below .50 only once the last three years. The technology sector never dipped below .50 as techs remained strongly correlated to the market. In contrast, the Correlation Coefficient for the consumer staples sector dipped below .50 a few times and the Correlation Coefficient for utilities sector even dipped below zero twice. This indicator shows us that consumer staples and utilities sectors are less correlated to the S&P 500 than the consumer discretionary and technology sectors.

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