High Correlation Stock Scalps For December 8 |
By Stock Scalper |
Published
12/5/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For December 8
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).
EMR Emerson Electric Co MMM 3M Co DOW Dow Chemical MS MS C Citigrp Inc DD Dupont(E.I.)Denemours JPM JPMorgan Chase & Co AIG Amer Intl Grp BK Bank of New York Mellon Corp GS Goldman Sachs Grp USB US Bancorp HON Honeywell Intl MON Monsanto Co MET Metlife Inc PFE Pfizer Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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