You may or may not already know this, but I have a unique Cumulative Strength Index (CSI) scan I run to find the hottest sectors and stocks…
I also use it as a barometer for the broader stock market, and it helps me gauge different things like the S&P 500 to find the hottest and weakest stocks to trade. I love using this scan because when a stock gets to the upper edge of it, it tends to rally for months on end!
But you must know how to drill down into the details to use it correctly…
So in this video, I’ll show you how to use the CSI scan to find and drill into the hottest sectors and trade opportunities out there.
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Correlation in the finance and investment industries is a statistic that measures the degree to which two securities move in relation to each other. Positive Correlation is a relationship between two variables in which both variables move in tandem. Negative Correlation is a relationship between two variables in which one variable rises as the other falls, and vice versa.
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