High Correlation Stock Scalps For February 20 |
By Stock Scalper |
Published
02/19/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For February 20
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).
MA Mastercard Incorporated DD Dupont(E.I.)Denemours ABT Abbott Laboratories NKE Nike, Inc'B' SO Southern Company Inc BMY Bristol-Myers SQUIBB UNH UnitedHealth Group Inc MCD McDonald's Corp OXY Occidental Petroleum GOOG Google Inc Cl A FCX Freeport-McMoRan Copper&Gold B LMT Lockheed Martin AEP Amer Electric Pwr DIS Disney (Walt) Co F Ford Motor MMM 3M Co GD General Dynamics Corp UTX United Technologies V Visa Inc MET Metlife Inc GM General Motors Company AMGN Amgen Inc MRK Merck & Co DOW Dow Chemical BA Boeing Co ABBV AbbVie Inc JPM JPMorgan Chase & Co EBAY Ebay Inc CAT Caterpillar Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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