High Correlation Stock Scalps For September 4 |
By Stock Scalper |
Published
09/3/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For September 4
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).
WFC Wells Fargo AXP American Express Co MS MS USB US Bancorp GS Goldman Sachs Grp COF Cap One Finl JNJ Johnson & Johnson BRK.B Berkshire Hathaway'B' JPM JPMorgan Chase & Co C Citigrp Inc F Ford Motor ALL Allstate Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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