High Correlation Stock Scalps For October 16 |
By Stock Scalper |
Published
10/15/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For October 16
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 CMCSA Comcast Cl'A' BK Bank of New York Mellon Corp AXP American Express Co APA Apache Corp BAX Baxter Intl COP ConocoPhillips ACN Accenture PLC (Ireland) NEW COF Cap One Finl MDLZ Mondelez Int'l Inc Cl A GOOGL Google Inc Cl A MCD McDonald's Corp EMC EMC Corp GOOG Google Inc Cl C Cap Stock OXY Occidental Petro EBAY Ebay Inc AMZN Amazon.com Inc T AT&T Inc LOW Lowe's Cos GM General Motors Co V Visa Inc CL Colgate-Palmolive Co DVN Devon Energy CVX Chevron Corporation IBM Intl Business Machines Corp MET Metlife Inc WFC Wells Fargo AMGN Amgen Inc FOXA Twenty-First Century Fox Inc A DIS Disney (Walt) Co GD General Dynamics Corp USB US Bancorp GS Goldman Sachs Grp VZ Verizon Communications SBUX Starbucks Corp CVS CVS Health Corp PFE Pfizer Inc MS MS ABT Abbott Laboratories UNP Union Pacific Corp CSCO Cisco Systems AAPL Apple Inc MDT Medtronic, Inc HAL Halliburton Co FB Facebook Inc AIG Amer Intl Grp F Ford Motor BA Boeing Co KO Coca-Cola Co MO Altria Grp FCX Freeport-McMoRan Inc PM Philip Morris Intl Inc BRK.B Berkshire Hathaway'B' UTX United Technologies PG Procter & Gamble C Citigrp Inc WAG Walgreen Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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