High Correlation Stock Scalps For July 16 |
By Stock Scalper |
Published
07/15/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For July 16
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).
MMM 3M Co CAT Caterpillar Inc AAPL Apple Inc MS MS AIG Amer Intl Grp EMC EMC Corp NSC Norfolk Southern CVS CVS Caremark Corporation V Visa Inc FDX FedEx Corp GOOGL Google Inc Cl A PEP Pepsico Inc UTX United Technologies MSFT Microsoft Corp HON Honeywell Intl CL Colgate-Palmolive Co MA Mastercard Inc DOW Dow Chemical GOOG Google Inc Cl C Cap Stock F Ford Motor CMCSA Comcast Cl'A' MET Metlife Inc BRK.B Berkshire Hathaway'B'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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