Now's a great time to be a stock picker
Companies in the S&P 500 are moving independently of one another to an extent rarely seen, and that's good news for stock pickers.
The CBOE S&P 500 Implied Correlation Index, a gauge of lockstep moves in the S&P 500, is close to the lowest it's been all year, according to data from Bloomberg. The index has dropped 14% so far in 2017 as investors have delineated between the winners and losers of President Donald Trump's expected policies.
As of Friday, the measure had been l
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