High Correlation Stock Scalps For August 18 |
By Stock Scalper |
Published
08/15/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For August 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).
EMC EMC Corp CAT Caterpillar Inc TXN Texas Instruments GD General Dynamics Corp GOOGL Google Inc Cl A GOOG Google Inc Cl C Cap Stock LMT Lockheed Martin BA Boeing Co UNP Union Pacific Corp ABBV AbbVie Inc BMY Bristol-Myers SQUIBB JPM JPMorgan Chase & Co MMM 3M Co HON Honeywell Intl MRK Merck & Co INTC Intel Corp CMCSA Comcast Cl'A' PFE Pfizer Inc AAPL Apple Inc AMZN Amazon.com Inc ORCL Oracle Corp CVS CVS Caremark Corporation WFC Wells Fargo ABT Abbott Laboratories ALL Allstate Corp C Citigrp Inc USB US Bancorp HD Home Depot Inc BRK.B Berkshire Hathaway'B' AIG Amer Intl Grp MO Altria Grp FOXA Twenty-First Century Fox Inc A PEP Pepsico Inc MET Metlife Inc LOW Lowe's Cos
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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