High Correlation Stock Scalps For October 3 |
By Stock Scalper |
Published
10/2/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For October 3
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).
F Ford Motor AIG Amer Intl Group MO Altria Group DVN Devon Energy CAT Caterpillar Inc MS Morgan Stanley APA Apache Corp VZ Verizon Communications SO Southern Company Inc BRK.B Berkshire Hathaway'B' APC Anadarko Petroleum C Citigroup Inc SPG Simon Property Group JNJ Johnson & Johnson COP ConocoPhillips
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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