High Correlation Stock Scalps For December 11 |
By Stock Scalper |
Published
12/10/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For December 11
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).
USB US Bancorp BK Bank Of New York PG Procter & Gamble BRK.B Berkshire Hathaway'B' LLY Lilly (Eli) NSC Norfolk Southern MMM 3M Co NKE Nike, Inc'B' C Citigroup Inc T AT&T Inc BAC Bank of America Corporation
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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