High Correlation Stock Scalps For August 25 |
By Stock Scalper |
Published
08/22/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For August 25
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).
UNP Union Pacific Corp GD General Dynamics Corp ORCL Oracle Corp BA Boeing Co UTX United Technologies ACN Accenture PLC (Ireland) NEW AIG Amer Intl Grp EMR Emerson Electric Co RTN Raytheon Co OXY Occidental Petro JPM JPMorgan Chase & Co BK Bank of New York Mellon Corp BAC Bank of America Corporation HON Honeywell Intl DVN Devon Energy BRK.B Berkshire Hathaway'B'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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