High Correlation Stock Scalps For May 1 |
By Stock Scalper |
Published
04/30/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For May 1
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).
DD Dupont(E.I.)Denemours MET Metlife Inc USB US Bancorp AXP American Express Company GOOG Google Inc Cl C Capital Stock AIG Amer Intl Group NSC Norfolk Southern BK Bank Of New York FCX Freeport-McMoRan Copper&Gold B INTC Intel Corp UPS United Parcel'B' F Ford Motor DOW Dow Chemical MA Mastercard Incorporated CMCSA Comcast Cl'A'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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