High Correlation Stock Scalps For September 29 |
By Stock Scalper |
Published
09/26/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For September 29
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).
EMR Emerson Electric Co BRK.B Berkshire Hathaway'B' MSFT Microsoft Corp CAT Caterpillar Inc AIG Amer Intl Grp FCX Freeport-McMoRan Inc IBM Intl Business Machines Corp MA Mastercard Inc UPS United Parcel'B' T AT&T Inc GOOGL Google Inc Cl A UNH UnitedHealth Grp Inc MET Metlife Inc C Citigrp Inc INTC Intel Corp MMM 3M Co ALL Allstate Corp BK Bank of New York Mellon Corp DIS Disney (Walt) Co AMGN Amgen Inc FOXA Twenty-First Century Fox Inc A HON Honeywell Intl UTX United Technologies GE General Electric GS Goldman Sachs Grp ORCL Oracle Corp MS MS COF Cap One Finl VZ Verizon Communications QCOM Qualcomm Inc GM General Motors Co EMC EMC Corp AXP American Express Co CVS CVS Health Corp USB US Bancorp BAC Bank of America Corporation MON Monsanto Co CMCSA Comcast Cl'A' PEP Pepsico Inc HPQ Hewlett-Packard TGT Target Corp XOM Exxon Mobil UNP Union Pacific Corp DVN Devon Energy SPG Simon Ppty Grp WFC Wells Fargo JNJ Johnson & Johnson
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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