High Correlation Stock Scalps For October 2 |
By Stock Scalper |
Published
10/1/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For October 2
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).
AXP American Express Co EMR Emerson Electric Co CMCSA Comcast Cl'A' BRK.B Berkshire Hathaway'B' IBM Intl Business Machines Corp TWX Time Warner CAT Caterpillar Inc MS MS GOOGL Google Inc Cl A DD Dupont(E.I.)Denemours DOW Dow Chemical AIG Amer Intl Grp APA Apache Corp HON Honeywell Intl MMM 3M Co GS Goldman Sachs Grp UNP Union Pacific Corp ABBV AbbVie Inc GOOG Google Inc Cl C Cap Stock BK Bank of New York Mellon Corp MET Metlife Inc TGT Target Corp CVS CVS Health Corp FB Facebook Inc C Citigrp Inc NOV National Oilwell Varco Inc DIS Disney (Walt) Co JNJ Johnson & Johnson TXN Texas Instruments HD Home Depot Inc SLB Schlumberger Ltd AMZN Amazon.com Inc MA Mastercard Inc WFC Wells Fargo ABT Abbott Laboratories NSC Norfolk Southern FOXA Twenty-First Century Fox Inc A FCX Freeport-McMoRan Inc HAL Halliburton Co GE General Electric USB US Bancorp GD General Dynamics Corp APC Anadarko Petro AMGN Amgen Inc HPQ Hewlett-Packard MON Monsanto Co COP ConocoPhillips PFE Pfizer Inc DVN Devon Energy GILD Gilead Sciences COF Cap One Finl XOM Exxon Mobil JPM JPMorgan Chase & Co T AT&T Inc OXY Occidental Petro CL Colgate-Palmolive Co PG Procter & Gamble BIIB Biogen Idec
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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