High Correlation Stock Scalps For November 5 |
By Stock Scalper |
Published
11/4/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For November 5
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).
APC Anadarko Petroleum FCX Freeport-McMoRan Copper&Gold B PM Philip Morris Intl Inc SO Southern Company Inc CAT Caterpillar Inc APA Apache Corp OXY Occidental Petroleum SLB Schlumberger Ltd
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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