High Correlation Stock Scalps For May 27 |
By Stock Scalper |
Published
05/23/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For May 27
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).
WFC Wells Fargo UNH UnitedHealth Group Inc GD General Dynamics Corp COF Capital One Financial F Ford Motor MET Metlife Inc AXP American Express Company DIS Disney (Walt) Co HAL Halliburton Co DD Dupont(E.I.)Denemours MRK Merck & Co UPS United Parcel'B' FB Facebook Inc MON Monsanto Co VZ Verizon Communications GOOG Google Inc Cl C Capital Stock RTN Raytheon Co FOXA Twenty-First Century Fox Inc A BK Bank of New York Mellon Corp FDX FedEx Corp UTX United Technologies HON Honeywell Intl AAPL Apple Inc USB US Bancorp JPM JPMorgan Chase & Co TWX Time Warner AMZN Amazon.com Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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