High Correlation Stock Scalps For October 29 |
By Stock Scalper |
Published
10/28/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For October 29
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).
CSCO Cisco Systems JPM JPMorgan Chase & Co AXP American Express Co UTX United Technologies GD General Dynamics Corp USB US Bancorp AAPL Apple Inc WFC Wells Fargo INTC Intel Corp QCOM Qualcomm Inc NSC Norfolk Southern LOW Lowe's Cos HON Honeywell Intl LMT Lockheed Martin FOXA Twenty-First Century Fox Inc A COF Cap One Finl DIS Disney (Walt) Co WAG Walgreen Co MMM 3M Co EMR Emerson Electric Co GS Goldman Sachs Grp SBUX Starbucks Corp HD Home Depot Inc GE General Electric C Citigrp Inc MDLZ Mondelez Int'l Inc Cl A AMGN Amgen Inc BAX Baxter Intl CAT Caterpillar Inc TXN Texas Instruments MSFT Microsoft Corp SPG Simon Ppty Grp CVS CVS Health Corp EMC EMC Corp MCD McDonald's Corp MA Mastercard Inc NKE Nike, Inc'B' GOOG Google Inc Cl C Cap Stock V Visa Inc BAC Bank of America Corporation
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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