High Correlation Stock Scalps For January 30 |
By Stock Scalper |
Published
01/29/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For January 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).
FDX FedEx Corp BRK.B Berkshire Hathaway'B' AXP American Express Company GS Goldman Sachs Group MET Metlife Inc MDT Medtronic, Inc DIS Disney (Walt) Co BK Bank Of New York ACN Accenture PLC (Ireland) NEW V Visa Inc ABT Abbott Laboratories JNJ Johnson & Johnson GOOG Google Inc Cl A F Ford Motor TWX Time Warner APA Apache Corp LLY Lilly (Eli) AMZN Amazon.com Inc GM General Motors Company CVX Chevron Corporation WAG Walgreen Co CL Colgate-Palmolive Co MDLZ Mondelez Int'l Inc Cl A C Citigroup Inc EMR Emerson Electric Co TGT Target Corp NSC Norfolk Southern COF Capital One Financial EMC EMC Corp INTC Intel Corp KO Coca-Cola Co WFC Wells Fargo
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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