High Correlation Stock Scalps For September 18 |
By Stock Scalper |
Published
09/17/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For September 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).
GE General Electric MDT Medtronic, Inc BMY Bristol-Myers SQUIBB INTC Intel Corp PEP Pepsico Inc DVN Devon Energy AXP American Express Co TXN Texas Instruments MA Mastercard Inc AIG Amer Intl Grp BA Boeing Co PM Philip Morris Intl Inc QCOM Qualcomm Inc AMGN Amgen Inc GD General Dynamics Corp XOM Exxon Mobil T AT&T Inc TWX Time Warner MMM 3M Co IBM Intl Business Machines Corp UNP Union Pacific Corp LOW Lowe's Cos BRK.B Berkshire Hathaway'B' JNJ Johnson & Johnson BIIB Biogen Idec HON Honeywell Intl LLY Lilly (Eli) UPS United Parcel'B' CVS CVS Health Corp COP ConocoPhillips TGT Target Corp LMT Lockheed Martin RTN Raytheon Co OXY Occidental Petro DIS Disney (Walt) Co PFE Pfizer Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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