High Correlation Stock Scalps For October 31 |
By Stock Scalper |
Published
10/30/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For October 31
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).
QCOM Qualcomm Inc COF Cap One Finl HD Home Depot Inc DIS Disney (Walt) Co BA Boeing Co GD General Dynamics Corp LMT Lockheed Martin USB US Bancorp AMGN Amgen Inc WFC Wells Fargo C Citigrp Inc RTN Raytheon Co FOXA Twenty-First Century Fox Inc A MMM 3M Co AIG Amer Intl Grp IBM Intl Business Machines Corp GOOGL Google Inc Cl A MCD McDonald's Corp GOOG Google Inc Cl C Cap Stock UTX United Technologies SBUX Starbucks Corp MET Metlife Inc HON Honeywell Intl SPG Simon Ppty Grp NKE Nike, Inc'B' BAC Bank of America Corporation ACN Accenture PLC (Ireland) NEW JNJ Johnson & Johnson VZ Verizon Communications AMZN Amazon.com Inc LOW Lowe's Cos COST Costco Wholesale T AT&T Inc UNH UnitedHealth Grp Inc CVS CVS Health Corp ABT Abbott Laboratories PG Procter & Gamble UPS United Parcel'B' MDT Medtronic, Inc MA Mastercard Inc COP ConocoPhillips PFE Pfizer Inc PEP Pepsico Inc V Visa Inc BMY Bristol-Myers SQUIBB
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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