High Correlation Stock Scalps For September 18 |
By Stock Scalper |
Published
09/17/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For September 18
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).
HON Honeywell Intl MMM 3M Co BK Bank Of New York C Citigroup Inc GM General Motors Company COF Capital One Financial UTX United Technologies TWX Time Warner MET Metlife Inc COST Costco Wholesale GD General Dynamics Corp CMCSA Comcast Cl'A' MS Morgan Stanley MRK Merck & Co GS Goldman Sachs Group BAC Bank of America Corporation F Ford Motor AMZN Amazon.com Inc ABBV AbbVie Inc MDLZ Mondelez Int'l Inc Cl A MDT Medtronic, Inc ALL Allstate Corp TXN Texas Instruments WFC Wells Fargo CL Colgate-Palmolive Co JNJ Johnson & Johnson DD Dupont(E.I.)Denemours CVS CVS Caremark Corporation EMC EMC Corp CVX Chevron Corporation USB US Bancorp GE General Electric WAG Walgreen Co LLY Lilly (Eli) UNP Union Pacific Corporation BRK.B Berkshire Hathaway'B' PFE Pfizer Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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