High Correlation Stock Scalps For June 19 |
By Stock Scalper |
Published
06/18/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For June 19
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).
AIG Amer Intl Group ORCL Oracle Corp EBAY Ebay Inc KO Coca-Cola Co HD Home Depot Inc HAL Halliburton Co EMR Emerson Electric Co FCX Freeport-McMoRan Copper&Gold B ABBV AbbVie Inc MET Metlife Inc GS Goldman Sachs Group NSC Norfolk Southern ABT Abbott Laboratories APA Apache Corp SPG Simon Property Group CVX Chevron Corporation PEP Pepsico Inc F Ford Motor UPS United Parcel'B' ALL Allstate Corp CL Colgate-Palmolive Co CVS CVS Caremark Corporation GM General Motors Company WAG Walgreen Co LLY Lilly (Eli) FDX FedEx Corp NKE Nike, Inc'B' EXC Exelon Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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