High Correlation Stock Scalps For December 11 |
By Stock Scalper |
Published
12/10/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For December 11
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).
MMM 3M Co EMR Emerson Electric Co MA Mastercard Inc GE General Electric EMC EMC Corp BA Boeing Co DOW Dow Chemical INTC Intel Corp CMCSA Comcast Cl'A' HON Honeywell Intl PM Philip Morris Intl Inc KO Coca-Cola Co TXN Texas Instruments ACN Accenture PLC (Ireland) NEW HPQ Hewlett-Packard GM General Motors Co CAT Caterpillar Inc QCOM Qualcomm Inc FCX Freeport-McMoRan Inc MSFT Microsoft Corp MCD McDonald's Corp XOM Exxon Mobil MO Altria Grp ABBV AbbVie Inc PEP Pepsico Inc F Ford Motor IBM Intl Business Machines Corp NSC Norfolk Southern DIS Disney (Walt) Co UNP Union Pacific Corp GD General Dynamics Corp CSCO Cisco Systems FDX FedEx Corp HAL Halliburton Co DD Dupont(E.I.)Denemours ABT Abbott Laboratories ORCL Oracle Corp JNJ Johnson & Johnson
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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