High Correlation Stock Scalps For December 23 |
By Stock Scalper |
Published
12/22/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For December 23
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).
USB US Bancorp AXP American Express Co NSC Norfolk Southern ALL Allstate Corp BAC Bank of America Corporation MS MS BMY Bristol-Myers SQUIBB EMC EMC Corp ACN Accenture PLC (Ireland) NEW COF Cap One Finl SPG Simon Ppty Grp MDT Medtronic, Inc MMM 3M Co WMT Wal-Mart Stores AIG Amer Intl Grp SO Southern Co Inc QCOM Qualcomm Inc GS Goldman Sachs Grp EMR Emerson Electric Co DD Dupont(E.I.)Denemours LOW Lowe's Cos UTX United Technologies F Ford Motor PG Procter & Gamble FOXA Twenty-First Century Fox Inc A VZ Verizon Communications CVX Chevron Corporation DOW Dow Chemical DIS Disney (Walt) Co PEP Pepsico Inc HD Home Depot Inc APC Anadarko Petro OXY Occidental Petro XOM Exxon Mobil COP ConocoPhillips NOV National Oilwell Varco Inc GOOG Google Inc Cl C Cap Stock
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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