High Correlation Stock Scalps For December 4 |
By Stock Scalper |
Published
12/3/2014
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For December 4
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).
BAC Bank of America Corporation C Citigrp Inc UNP Union Pacific Corp HON Honeywell Intl DD Dupont(E.I.)Denemours MON Monsanto Co NSC Norfolk Southern
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|