High Correlation Stock Scalps For October 1 |
By Stock Scalper |
Published
09/30/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For October 1
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).
BRK.B Berkshire Hathaway'B' UNH UnitedHealth Grp Inc MSFT Microsoft Corp MS MS IBM Intl Business Machines Corp CMCSA Comcast Cl'A' GOOGL Google Inc Cl A EMR Emerson Electric Co GOOG Google Inc Cl C Cap Stock TGT Target Corp CVS CVS Health Corp CAT Caterpillar Inc GS Goldman Sachs Grp COF Cap One Finl AMGN Amgen Inc MMM 3M Co T AT&T Inc AIG Amer Intl Grp PEP Pepsico Inc HON Honeywell Intl MET Metlife Inc USB US Bancorp CL Colgate-Palmolive Co AXP American Express Co AAPL Apple Inc BAC Bank of America Corporation WFC Wells Fargo LLY Lilly (Eli) PG Procter & Gamble
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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