High Correlation Stock Scalps For August 5 |
By Stock Scalper |
Published
08/4/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For August 5
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).
XOM Exxon Mobil MMM 3M Co CMCSA Comcast Cl'A' MET Metlife Inc LLY Lilly (Eli) CSCO Cisco Systems GOOG Google Inc Cl C Cap Stock VZ Verizon Communications GOOGL Google Inc Cl A HON Honeywell Intl NSC Norfolk Southern COP ConocoPhillips SBUX Starbucks Corp FCX Freeport-McMoRan Inc ACN Accenture PLC (Ireland) NEW AIG Amer Intl Grp MRK Merck & Co CAT Caterpillar Inc DOW Dow Chemical CVS CVS Caremark Corporation EMR Emerson Electric Co QCOM Qualcomm Inc MO Altria Grp JNJ Johnson & Johnson SLB Schlumberger Ltd DD Dupont(E.I.)Denemours HAL Halliburton Co WFC Wells Fargo DVN Devon Energy GS Goldman Sachs Grp IBM Intl Business Machines Corp HPQ Hewlett-Packard INTC Intel Corp PM Philip Morris Intl Inc CVX Chevron Corporation SPG Simon Ppty Grp ABT Abbott Laboratories USB US Bancorp ABBV AbbVie Inc MSFT Microsoft Corp KO Coca-Cola Co BK Bank of New York Mellon Corp MS MS HD Home Depot Inc LOW Lowe's Cos
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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