High Correlation Stock Scalps For April 29 |
By Stock Scalper |
Published
04/28/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For April 29
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).
FDX FedEx Corp MA Mastercard Incorporated CSCO Cisco Systems DIS Disney (Walt) Co MET Metlife Inc COF Capital One Financial EBAY Ebay Inc UTX United Technologies DD Dupont(E.I.)Denemours V Visa Inc UNP Union Pacific Corporation HON Honeywell Intl INTC Intel Corp ABT Abbott Laboratories GOOG Google Inc Cl C Capital Stock AMZN Amazon.com Inc USB US Bancorp MS Morgan Stanley C Citigroup Inc BMY Bristol-Myers SQUIBB UPS United Parcel'B' MON Monsanto Co F Ford Motor NKE Nike, Inc'B' NSC Norfolk Southern GS Goldman Sachs Group AXP American Express Company MRK Merck & Co WFC Wells Fargo LOW Lowe's Cos AMGN Amgen Inc SLB Schlumberger Ltd EMR Emerson Electric Co DOW Dow Chemical EMC EMC Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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