High Correlation Stock Scalps For September 10 |
By Stock Scalper |
Published
09/9/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For September 10
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).
HON Honeywell Intl WFC Wells Fargo BK Bank of New York Mellon Corp DIS Disney (Walt) Co C Citigrp Inc COF Cap One Finl USB US Bancorp MET Metlife Inc ALL Allstate Corp FDX FedEx Corp MS MS AXP American Express Co BRK.B Berkshire Hathaway'B' CVX Chevron Corporation DD Dupont(E.I.)Denemours
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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