High Correlation Stock Scalps For February 21 |
By Stock Scalper |
Published
02/20/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For February 21
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).
MMM 3M Co SO Southern Company Inc ABT Abbott Laboratories F Ford Motor DD Dupont(E.I.)Denemours AEP Amer Electric Pwr OXY Occidental Petroleum MCD McDonald's Corp FCX Freeport-McMoRan Copper&Gold B MO Altria Group EMC EMC Corp BMY Bristol-Myers SQUIBB ABBV AbbVie Inc BA Boeing Co GS Goldman Sachs Group
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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