High Correlation Stock Scalps For September 23 |
By Stock Scalper |
Published
09/22/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For September 23
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).
LOW Lowe's Cos BK Bank of New York Mellon Corp NKE Nike, Inc'B' GE General Electric EMR Emerson Electric Co UTX United Technologies INTC Intel Corp PFE Pfizer Inc TWX Time Warner UPS United Parcel'B' DIS Disney (Walt) Co MDLZ Mondelez Int'l Inc Cl A SBUX Starbucks Corp MS MS V Visa Inc DOW Dow Chemical ABBV AbbVie Inc CMCSA Comcast Cl'A' F Ford Motor HON Honeywell Intl
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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