High Correlation Stock Scalps For July 18 |
By Stock Scalper |
Published
07/17/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For July 18
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 CMCSA Comcast Cl'A' FB Facebook Inc EMC EMC Corp CAT Caterpillar Inc EMR Emerson Electric Co UPS United Parcel'B' HON Honeywell Intl V Visa Inc AMZN Amazon.com Inc GE General Electric UNP Union Pacific Corp VZ Verizon Communications MA Mastercard Inc COP ConocoPhillips GOOGL Google Inc Cl A MET Metlife Inc DOW Dow Chemical
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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