High Correlation Stock Scalps For May 22 |
By Stock Scalper |
Published
05/21/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For May 22
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).
NKE Nike, Inc'B' TWX Time Warner MRK Merck & Co DIS Disney (Walt) Co HAL Halliburton Co CMCSA Comcast Cl'A' UNH UnitedHealth Group Inc AAPL Apple Inc GS Goldman Sachs Group APC Anadarko Petroleum FB Facebook Inc F Ford Motor GD General Dynamics Corp DD Dupont(E.I.)Denemours UPS United Parcel'B' MS Morgan Stanley CVS CVS Caremark Corporation COF Capital One Financial
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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