High Correlation Stock Scalps For May 20 |
By Stock Scalper |
Published
05/19/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For May 20
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).
V Visa Inc DIS Disney (Walt) Co GOOG Google Inc Cl C Capital Stock FB Facebook Inc AXP American Express Company BAC Bank of America Corporation ALL Allstate Corp C Citigroup Inc GD General Dynamics Corp FOXA Twenty-First Century Fox Inc A APA Apache Corp HON Honeywell Intl WFC Wells Fargo NKE Nike, Inc'B' MET Metlife Inc HPQ Hewlett-Packard GE General Electric BMY Bristol-Myers SQUIBB NSC Norfolk Southern SLB Schlumberger Ltd LOW Lowe's Cos SBUX Starbucks Corp QCOM Qualcomm Inc COST Costco Wholesale
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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