Looking for a Confirmation Indicator for the S&P 500? Look no further!

Correlations are a very powerful statistical tool in the realm of finance and equity markets. Correlations can explain in a single value(correlation coefficient) to what degree that variable A will increase/decrease in the event that variable B has increased by say 50%. A perfectly positive correlation between variable A and B would have Variable A … More Looking for a Confirmation Indicator for the S&P 500? Look no further!