High Correlation Stock Scalps For February 11 |
By Stock Scalper |
Published
02/10/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For February 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).
C Citigroup Inc BRK.B Berkshire Hathaway'B' SPG Simon Property Group JNJ Johnson & Johnson USB US Bancorp MDLZ Mondelez Int'l Inc Cl A NKE Nike, Inc'B' EMR Emerson Electric Co CAT Caterpillar Inc PG Procter & Gamble AMGN Amgen Inc UTX United Technologies WFC Wells Fargo DIS Disney (Walt) Co BMY Bristol-Myers SQUIBB BK Bank Of New York CL Colgate-Palmolive Co PEP Pepsico Inc CVS CVS Caremark Corporation VZ Verizon Communications WMT Wal-Mart Stores
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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