High Correlation Stock Scalps For October 13 |
By Stock Scalper |
Published
10/10/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For October 13
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).
HON Honeywell Intl V Visa Inc C Citigrp Inc GOOGL Google Inc Cl A AMZN Amazon.com Inc GOOG Google Inc Cl C Cap Stock MON Monsanto Co GE General Electric JNJ Johnson & Johnson MDLZ Mondelez Int'l Inc Cl A BK Bank of New York Mellon Corp UNP Union Pacific Corp MA Mastercard Inc ACN Accenture PLC (Ireland) NEW WFC Wells Fargo BAC Bank of America Corporation UPS United Parcel'B' FDX FedEx Corp NKE Nike, Inc'B' MS MS GS Goldman Sachs Grp USB US Bancorp JPM JPMorgan Chase & Co NSC Norfolk Southern FB Facebook Inc APA Apache Corp FOXA Twenty-First Century Fox Inc A CSCO Cisco Systems ABBV AbbVie Inc GM General Motors Co DVN Devon Energy MET Metlife Inc EBAY Ebay Inc APC Anadarko Petro COP ConocoPhillips TWX Time Warner INTC Intel Corp AXP American Express Co T AT&T Inc HAL Halliburton Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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