High Correlation Stock Scalps For October 14 |
By Stock Scalper |
Published
10/11/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For October 14
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 TXN Texas Instruments DIS Disney (Walt) Co ALL Allstate Corp BRK.B Berkshire Hathaway'B' UTX United Technologies LOW Lowe's Cos DOW Dow Chemical EMR Emerson Electric Co F Ford Motor APC Anadarko Petroleum MA Mastercard Incorporated CSCO Cisco Systems FDX FedEx Corp HD Home Depot Inc MMM 3M Co MET Metlife Inc TWX Time Warner SPG Simon Property Group HAL Halliburton Co ABT Abbott Laboratories COF Capital One Financial UPS United Parcel'B' WMB Williams Companies CMCSA Comcast Cl'A' IBM Intl Business Machines Corp UNH UnitedHealth Group Inc BMY Bristol-Myers SQUIBB JNJ Johnson & Johnson AXP American Express Company USB US Bancorp HON Honeywell Intl MS Morgan Stanley SBUX Starbucks Corp APA Apache Corp MSFT Microsoft Corp MON Monsanto Co DVN Devon Energy CAT Caterpillar Inc GS Goldman Sachs Group SLB Schlumberger Ltd C Citigroup Inc COP ConocoPhillips WFC Wells Fargo INTC Intel Corp NWSA News Corp Cl A QCOM Qualcomm Inc AAPL Apple Inc OXY Occidental Petroleum NOV National Oilwell Varco Inc GM General Motors Company MDT Medtronic, Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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