High Correlation Stock Scalps For May 21 |
By Stock Scalper |
Published
05/20/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For May 21
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 MMM 3M Co MRK Merck & Co GS Goldman Sachs Group BAC Bank of America Corporation AXP American Express Company FB Facebook Inc APC Anadarko Petroleum C Citigroup Inc GD General Dynamics Corp DD Dupont(E.I.)Denemours MET Metlife Inc MA Mastercard Incorporated UNH UnitedHealth Group Inc WFC Wells Fargo TXN Texas Instruments NKE Nike, Inc'B' BRK.B Berkshire Hathaway'B' FOXA Twenty-First Century Fox Inc A HPQ Hewlett-Packard DIS Disney (Walt) Co BMY Bristol-Myers SQUIBB QCOM Qualcomm Inc COF Capital One Financial HON Honeywell Intl COP ConocoPhillips MS Morgan Stanley AIG Amer Intl Group XOM Exxon Mobil BA Boeing Co AMGN Amgen Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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