[Below is a huge list of correlations I have discovered over the years with hyperlinks to articles that analyzed each.] If I only had some software to get automatic updates of these charts.
By Alfred Sung (Katchum.Blogspot.be) as posted on his Seeking Alpha Instablog.
Positive correlations mean that if one goes up, the other goes up too. Negative correlations mean that if one goes up, the other goes down.
5) Oil Vs. Dow Jones
23) Economy of Australia/Canada Vs. Industrial Commodities
31) M1 and Gold
32) Obesity Vs. Debt
111) Currency Vs. Bonds
128) Equity Valuation Vs. Q Ratio (James Tobin)
20) Unemployment Rate Vs. Real GDP (leading indicator)
These are a lot of correlations that you need to monitor on a day-to-day basis!
“Follow the munKNEE” on Facebook, on Twitter or via our FREE bi-weekly Market Intelligence Report newsletter (see sample here , sign up in top right hand corner)