High Correlation Stock Scalps For September 25 |
By Stock Scalper |
Published
09/24/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For September 25
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).
FCX Freeport-McMoRan Inc CAT Caterpillar Inc CSCO Cisco Systems UPS United Parcel'B' BK Bank of New York Mellon Corp EMR Emerson Electric Co NKE Nike, Inc'B' UNP Union Pacific Corp MET Metlife Inc BAX Baxter Intl V Visa Inc UTX United Technologies MDLZ Mondelez Int'l Inc Cl A TWX Time Warner LOW Lowe's Cos ALL Allstate Corp DIS Disney (Walt) Co AIG Amer Intl Grp MA Mastercard Inc INTC Intel Corp HON Honeywell Intl AXP American Express Co F Ford Motor GD General Dynamics Corp CVS CVS Health Corp ACN Accenture PLC (Ireland) NEW BRK.B Berkshire Hathaway'B' C Citigrp Inc FOXA Twenty-First Century Fox Inc A MMM 3M Co NSC Norfolk Southern ORCL Oracle Corp SBUX Starbucks Corp HPQ Hewlett-Packard IBM Intl Business Machines Corp ABBV AbbVie Inc GS Goldman Sachs Grp COF Cap One Finl GOOG Google Inc Cl C Cap Stock
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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