High Correlation Stock Scalps For July 29 |
By Stock Scalper |
Published
07/28/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For July 29
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 Grp F Ford Motor ALL Allstate Corp COF Cap One Finl LLY Lilly (Eli) GE General Electric AXP American Express Co V Visa Inc AMZN Amazon.com Inc LOW Lowe's Cos PG Procter & Gamble BRK.B Berkshire Hathaway'B' PM Philip Morris Intl Inc GOOGL Google Inc Cl A MET Metlife Inc ABBV AbbVie Inc GOOG Google Inc Cl C Cap Stock APA Apache Corp MDT Medtronic, Inc MA Mastercard Inc HON Honeywell Intl TXN Texas Instruments NOV National Oilwell Varco Inc MO Altria Grp CMCSA Comcast Cl'A' SLB Schlumberger Ltd XOM Exxon Mobil HAL Halliburton Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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