High Correlation Stock Scalps For April 2 |
By Stock Scalper |
Published
04/1/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For April 2
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).
DIS Disney (Walt) Co HON Honeywell Intl GD General Dynamics Corp UTX United Technologies DD Dupont(E.I.)Denemours LMT Lockheed Martin BRK.B Berkshire Hathaway'B' MMM 3M Co TWX Time Warner PM Philip Morris Intl Inc TXN Texas Instruments MON Monsanto Co UNP Union Pacific Corporation INTC Intel Corp EMR Emerson Electric Co MDLZ Mondelez Int'l Inc Cl A APC Anadarko Petroleum WFC Wells Fargo AMGN Amgen Inc CMCSA Comcast Cl'A' DVN Devon Energy
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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