High Correlation Stock Scalps For December 16 |
By Stock Scalper |
Published
12/15/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For December 16
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).
AIG Amer Intl Grp GS Goldman Sachs Grp BAX Baxter Intl MDLZ Mondelez Int'l Inc Cl A LMT Lockheed Martin PEP Pepsico Inc KO Coca-Cola Co GE General Electric MDT Medtronic, Inc MS MS GM General Motors Co IBM Intl Business Machines Corp USB US Bancorp TXN Texas Instruments GD General Dynamics Corp MMM 3M Co JNJ Johnson & Johnson MET Metlife Inc JPM JPMorgan Chase & Co CMCSA Comcast Cl'A' AAPL Apple Inc ACN Accenture PLC (Ireland) NEW C Citigrp Inc BRK.B Berkshire Hathaway'B' EMC EMC Corp HON Honeywell Intl MO Altria Grp ABT Abbott Laboratories MON Monsanto Co AMGN Amgen Inc UNH UnitedHealth Grp Inc PM Philip Morris Intl Inc RTN Raytheon Co AXP American Express Co CSCO Cisco Systems WFC Wells Fargo BK Bank of New York Mellon Corp BAC Bank of America Corporation INTC Intel Corp MRK Merck & Co GOOGL Google Inc Cl A EMR Emerson Electric Co GOOG Google Inc Cl C Cap Stock CAT Caterpillar Inc EXC Exelon Corp ALL Allstate Corp F Ford Motor SLB Schlumberger Ltd COST Costco Wholesale FCX Freeport-McMoRan Inc UTX United Technologies PG Procter & Gamble XOM Exxon Mobil VZ Verizon Communications ABBV AbbVie Inc CVX Chevron Corporation DIS Disney (Walt) Co CL Colgate-Palmolive Co TWX Time Warner UNP Union Pacific Corp COP ConocoPhillips OXY Occidental Petro
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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