High Correlation Stock Scalps For September 19 |
By Stock Scalper |
Published
09/18/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For September 19
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).
GOOG Google Inc Cl C Cap Stock GOOGL Google Inc Cl A JNJ Johnson & Johnson HD Home Depot Inc MON Monsanto Co MA Mastercard Inc BRK.B Berkshire Hathaway'B' MMM 3M Co WFC Wells Fargo HON Honeywell Intl INTC Intel Corp JPM JPMorgan Chase & Co MS MS C Citigrp Inc DIS Disney (Walt) Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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