High Correlation Stock Scalps For December 26 |
By Stock Scalper |
Published
12/25/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For December 26
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).
BRK.B Berkshire Hathaway'B' UNP Union Pacific Corporation MET Metlife Inc RTN Raytheon Co AXP American Express Company COF Capital One Financial HD Home Depot Inc DD Dupont(E.I.)Denemours UTX United Technologies IBM Intl Business Machines Corp EMR Emerson Electric Co HON Honeywell Intl TWX Time Warner T AT&T Inc DOW Dow Chemical INTC Intel Corp ORCL Oracle Corp LMT Lockheed Martin VZ Verizon Communications KO Coca-Cola Co ALL Allstate Corp CVS CVS Caremark Corporation EMC EMC Corp SLB Schlumberger Ltd NSC Norfolk Southern MCD McDonald's Corp WMT Wal-Mart Stores FCX Freeport-McMoRan Copper&Gold B DVN Devon Energy BAX Baxter Intl CSCO Cisco Systems CAT Caterpillar Inc GE General Electric MSFT Microsoft Corp QCOM Qualcomm Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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