High Correlation Stock Scalps For October 10 |
By Stock Scalper |
Published
10/9/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For October 10
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).
AIG Amer Intl Group GM General Motors Company SLB Schlumberger Ltd DD Dupont(E.I.)Denemours BRK.B Berkshire Hathaway'B' UPS United Parcel'B' JNJ Johnson & Johnson F Ford Motor ABT Abbott Laboratories PFE Pfizer Inc MMM 3M Co V Visa Inc WFC Wells Fargo COF Capital One Financial EMR Emerson Electric Co HD Home Depot Inc NKE Nike, Inc'B' TXN Texas Instruments USB US Bancorp EMC EMC Corp SBUX Starbucks Corp FDX FedEx Corp CSCO Cisco Systems NOV National Oilwell Varco Inc APC Anadarko Petroleum C Citigroup Inc UTX United Technologies BK Bank Of New York MET Metlife Inc IBM Intl Business Machines Corp GOOG Google Inc Cl A FCX Freeport-McMoRan Copper&Gold B CVX Chevron Corporation GD General Dynamics Corp TGT Target Corp DIS Disney (Walt) Co XOM Exxon Mobil OXY Occidental Petroleum CAT Caterpillar Inc NSC Norfolk Southern
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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