High Correlation Stock Scalps For January 31 |
By Stock Scalper |
Published
01/30/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For January 31
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).
MET Metlife Inc DIS Disney (Walt) Co COF Capital One Financial BK Bank Of New York AXP American Express Company SPG Simon Property Group BRK.B Berkshire Hathaway'B' ABT Abbott Laboratories GS Goldman Sachs Group WAG Walgreen Co MDT Medtronic, Inc NOV National Oilwell Varco Inc GOOG Google Inc Cl A EBAY Ebay Inc TXN Texas Instruments MA Mastercard Incorporated QCOM Qualcomm Inc GM General Motors Company JNJ Johnson & Johnson CSCO Cisco Systems SLB Schlumberger Ltd DVN Devon Energy
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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