High Correlation Stock Scalps For December 15 |
By Stock Scalper |
Published
12/12/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For December 15
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).
GE General Electric BAX Baxter Intl GM General Motors Co MDT Medtronic, Inc MMM 3M Co TXN Texas Instruments ACN Accenture PLC (Ireland) NEW HON Honeywell Intl EMC EMC Corp PEP Pepsico Inc JNJ Johnson & Johnson JPM JPMorgan Chase & Co DOW Dow Chemical QCOM Qualcomm Inc ABT Abbott Laboratories USB US Bancorp PM Philip Morris Intl Inc MET Metlife Inc DD Dupont(E.I.)Denemours GD General Dynamics Corp BRK.B Berkshire Hathaway'B' ABBV AbbVie Inc MO Altria Grp XOM Exxon Mobil AIG Amer Intl Grp BK Bank of New York Mellon Corp ORCL Oracle Corp BA Boeing Co KO Coca-Cola Co F Ford Motor BMY Bristol-Myers SQUIBB BAC Bank of America Corporation MRK Merck & Co RTN Raytheon Co MS MS CSCO Cisco Systems WFC Wells Fargo COF Cap One Finl MDLZ Mondelez Int'l Inc Cl A FDX FedEx Corp AAPL Apple Inc T AT&T Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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