High Correlation Stock Scalps For October 14 |
By Stock Scalper |
Published
10/13/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For October 14
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 AMZN Amazon.com Inc MDLZ Mondelez Int'l Inc Cl A GOOGL Google Inc Cl A FDX FedEx Corp GOOG Google Inc Cl C Cap Stock GE General Electric WFC Wells Fargo NKE Nike, Inc'B' JNJ Johnson & Johnson FOXA Twenty-First Century Fox Inc A UNP Union Pacific Corp MA Mastercard Inc BK Bank of New York Mellon Corp UPS United Parcel'B' USB US Bancorp BAX Baxter Intl EBAY Ebay Inc MON Monsanto Co ACN Accenture PLC (Ireland) NEW MMM 3M Co V Visa Inc FB Facebook Inc MCD McDonald's Corp DVN Devon Energy CSCO Cisco Systems EMC EMC Corp JPM JPMorgan Chase & Co DIS Disney (Walt) Co COP ConocoPhillips CVX Chevron Corporation AXP American Express Co OXY Occidental Petro INTC Intel Corp NOV National Oilwell Varco Inc GM General Motors Co BAC Bank of America Corporation GS Goldman Sachs Grp BA Boeing Co APC Anadarko Petro QCOM Qualcomm Inc AIG Amer Intl Grp T AT&T Inc IBM Intl Business Machines Corp MS MS CAT Caterpillar Inc COF Cap One Finl DD Dupont(E.I.)Denemours EMR Emerson Electric Co SLB Schlumberger Ltd TWX Time Warner F Ford Motor HD Home Depot Inc MET Metlife Inc CMCSA Comcast Cl'A'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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