High Correlation Stock Scalps For August 21 |
By Stock Scalper |
Published
08/20/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For August 21
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).
EMR Emerson Electric Co UNP Union Pacific Corp DOW Dow Chemical UTX United Technologies MMM 3M Co IBM Intl Business Machines Corp ACN Accenture PLC (Ireland) NEW GD General Dynamics Corp GOOGL Google Inc Cl A V Visa Inc UNH UnitedHealth Grp Inc COST Costco Wholesale GM General Motors Co JNJ Johnson & Johnson GE General Electric LMT Lockheed Martin COF Cap One Finl ABBV AbbVie Inc SLB Schlumberger Ltd ALL Allstate Corp WMT Wal-Mart Stores INTC Intel Corp RTN Raytheon Co BA Boeing Co BK Bank of New York Mellon Corp MON Monsanto Co LOW Lowe's Cos HD Home Depot Inc APC Anadarko Petro NOV National Oilwell Varco Inc CVS CVS Caremark Corporation AXP American Express Co TGT Target Corp OXY Occidental Petro CSCO Cisco Systems SO Southern Co Inc QCOM Qualcomm Inc APA Apache Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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