High Correlation Stock Scalps For October 18 |
By Stock Scalper |
Published
10/17/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For October 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).
V Visa Inc MA Mastercard Incorporated AIG Amer Intl Group OXY Occidental Petroleum COP ConocoPhillips ALL Allstate Corp MS Morgan Stanley BAC Bank of America Corporation C Citigroup Inc BMY Bristol-Myers SQUIBB DD Dupont(E.I.)Denemours ABBV AbbVie Inc SPG Simon Property Group GILD Gilead Sciences HPQ Hewlett-Packard PFE Pfizer Inc JPM JPMorgan Chase & Co AMGN Amgen Inc BA Boeing Co ABT Abbott Laboratories CL Colgate-Palmolive Co WFC Wells Fargo CMCSA Comcast Cl'A' UPS United Parcel'B' INTC Intel Corp USB US Bancorp MDT Medtronic, Inc F Ford Motor APA Apache Corp JNJ Johnson & Johnson TGT Target Corp KO Coca-Cola Co DOW Dow Chemical FDX FedEx Corp MDLZ Mondelez Int'l Inc Cl A FCX Freeport-McMoRan Copper&Gold B AAPL Apple Inc LMT Lockheed Martin RTN Raytheon Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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