High Correlation Stock Scalps For April 22 |
By Stock Scalper |
Published
04/21/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For April 22
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).
GD General Dynamics Corp MMM 3M Co EMR Emerson Electric Co MA Mastercard Incorporated LMT Lockheed Martin WMB Williams Companies GM General Motors Company HON Honeywell Intl GILD Gilead Sciences CVX Chevron Corporation MET Metlife Inc LLY Lilly (Eli) OXY Occidental Petroleum DOW Dow Chemical AIG Amer Intl Group NKE Nike, Inc'B' RTN Raytheon Co AMGN Amgen Inc ABBV AbbVie Inc APA Apache Corp UNP Union Pacific Corporation MON Monsanto Co FDX FedEx Corp GS Goldman Sachs Group EBAY Ebay Inc MS Morgan Stanley AMZN Amazon.com Inc CMCSA Comcast Cl'A' BMY Bristol-Myers SQUIBB UPS United Parcel'B' MRK Merck & Co PFE Pfizer Inc AAPL Apple Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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