High Correlation Stock Scalps For April 28 |
By Stock Scalper |
Published
04/25/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For April 28
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 MET Metlife Inc MS Morgan Stanley UTX United Technologies C Citigroup Inc HON Honeywell Intl UNP Union Pacific Corporation USB US Bancorp BAC Bank of America Corporation DD Dupont(E.I.)Denemours FDX FedEx Corp EBAY Ebay Inc UPS United Parcel'B' AMZN Amazon.com Inc GS Goldman Sachs Group MRK Merck & Co CSCO Cisco Systems GOOG Google Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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