High Correlation Stock Scalps For July 2 |
By Stock Scalper |
Published
07/1/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For July 2
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).
MA Mastercard Inc V Visa Inc CSCO Cisco Systems EMC EMC Corp TXN Texas Instruments IBM Intl Business Machines Corp GILD Gilead Sciences DIS Disney (Walt) Co PFE Pfizer Inc BAC Bank of America Corporation TWX Time Warner HPQ Hewlett-Packard QCOM Qualcomm Inc BIIB Biogen Idec AMZN Amazon.com Inc MMM 3M Co EBAY Ebay Inc GOOGL Google Inc Cl A JPM JPMorgan Chase & Co MET Metlife Inc MDLZ Mondelez Int'l Inc Cl A CL Colgate-Palmolive Co GOOG Google Inc Cl C Cap Stock T AT&T Inc CMCSA Comcast Cl'A'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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