High Correlation Stock Scalps For November 21 |
By Stock Scalper |
Published
11/20/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For November 21
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).
SPG Simon Property Group BRK.B Berkshire Hathaway'B' MA Mastercard Incorporated AMZN Amazon.com Inc GE General Electric WMB Williams Companies EMR Emerson Electric Co HON Honeywell Intl GM General Motors Company ABBV AbbVie Inc MO Altria Group CSCO Cisco Systems NKE Nike, Inc'B' MON Monsanto Co FCX Freeport-McMoRan Copper&Gold B DOW Dow Chemical FDX FedEx Corp AIG Amer Intl Group DD Dupont(E.I.)Denemours BA Boeing Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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