High Correlation Stock Scalps For October 22 |
By Stock Scalper |
Published
10/21/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For October 22
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).
BA Boeing Co MET Metlife Inc HD Home Depot Inc V Visa Inc WFC Wells Fargo LOW Lowe's Cos GD General Dynamics Corp NKE Nike, Inc'B' MMM 3M Co DIS Disney (Walt) Co AIG Amer Intl Grp UPS United Parcel'B' T AT&T Inc XOM Exxon Mobil BMY Bristol-Myers SQUIBB ABT Abbott Laboratories QCOM Qualcomm Inc BRK.B Berkshire Hathaway'B' AXP American Express Co GILD Gilead Sciences GE General Electric C Citigrp Inc FB Facebook Inc HON Honeywell Intl MSFT Microsoft Corp COP ConocoPhillips TXN Texas Instruments USB US Bancorp FOXA Twenty-First Century Fox Inc A CVX Chevron Corporation CVS CVS Health Corp MS MS OXY Occidental Petro JPM JPMorgan Chase & Co MA Mastercard Inc EMR Emerson Electric Co INTC Intel Corp MON Monsanto Co BK Bank of New York Mellon Corp AMGN Amgen Inc SLB Schlumberger Ltd BAC Bank of America Corporation GS Goldman Sachs Grp UNH UnitedHealth Grp Inc ACN Accenture PLC (Ireland) NEW CL Colgate-Palmolive Co UNP Union Pacific Corp BIIB Biogen Idec MO Altria Grp JNJ Johnson & Johnson LLY Lilly (Eli) COST Costco Wholesale AMZN Amazon.com Inc ALL Allstate Corp NOV National Oilwell Varco Inc HPQ Hewlett-Packard SPG Simon Ppty Grp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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