High Correlation Stock Scalps For December 30 |
By Stock Scalper |
Published
12/27/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For December 30
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).
LMT Lockheed Martin MET Metlife Inc CVS CVS Caremark Corporation HD Home Depot Inc WMT Wal-Mart Stores HON Honeywell Intl BK Bank Of New York UNP Union Pacific Corporation MSFT Microsoft Corp CAT Caterpillar Inc EMR Emerson Electric Co SBUX Starbucks Corp MCD McDonald's Corp MON Monsanto Co LOW Lowe's Cos NKE Nike, Inc'B'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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