High Correlation Stock Scalps For August 2 |
By Stock Scalper |
Published
08/1/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For August 2
If the stock market can move sectors and stocks, which sectors and stocks are most likely to move in step with the stock market? Sectors and individual stocks most highly correlated to the overall market can use the S&P 500 SPDR ETF (SPY) as a directional indicator.
The following individual stocks are most correlated the S&P 500 SPDR ETF (SPY).
V Visa Inc MA Mastercard Incorporated CMCSA Comcast Cl'A' WMB Williams Companies EMR Emerson Electric Co FDX FedEx Corp MET Metlife Inc RTN Raytheon Co SPG Simon Property Group NWSA News Corp Cl A AMZN Amazon.com Inc SO Southern Company Inc MON Monsanto Co DELL Dell Inc XOM Exxon Mobil SBUX Starbucks Corp UTX United Technologies MMM 3M Co NKE Nike, Inc'B' DVN Devon Energy FCX Freeport-McMoRan Copper&Gold B DOW Dow Chemical GILD Gilead Sciences PFE Pfizer Inc BAC Bank of America Corporation HON Honeywell Intl C Citigroup Inc HAL Halliburton Co APA Apache Corp MS Morgan Stanley GS Goldman Sachs Group SLB Schlumberger Ltd AEP Amer Electric Pwr UNP Union Pacific Corporation DD Dupont(E.I.)Denemours WFC Wells Fargo APC Anadarko Petroleum WAG Walgreen Co ALL Allstate Corp BMY Bristol-Myers SQUIBB BHI Baker Hughes Inc NSC Norfolk Southern AXP American Express Company TXN Texas Instruments JPM JPMorgan Chase & Co MSFT Microsoft Corp BK Bank Of New York BAX Baxter Intl HPQ Hewlett-Packard INTC Intel Corp DIS Disney (Walt) Co GOOG Google Inc Cl A UPS United Parcel'B' LMT Lockheed Martin BA Boeing Co COP ConocoPhillips GD General Dynamics Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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