High Correlation Stock Scalps For January 2 |
By Stock Scalper |
Published
12/31/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For January 2
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).
NSC Norfolk Southern T AT&T Inc AAPL Apple Inc CAT Caterpillar Inc PM Philip Morris Intl Inc AXP American Express Co USB US Bancorp CSCO Cisco Systems VZ Verizon Communications GOOGL Google Inc Cl A SO Southern Co Inc MRK Merck & Co BK Bank of New York Mellon Corp MDLZ Mondelez Int'l Inc Cl A INTC Intel Corp UTX United Technologies EMR Emerson Electric Co MO Altria Grp GD General Dynamics Corp RTN Raytheon Co EXC Exelon Corp BAX Baxter Intl GS Goldman Sachs Grp MA Mastercard Inc CL Colgate-Palmolive Co LMT Lockheed Martin HPQ Hewlett-Packard DIS Disney (Walt) Co LLY Lilly (Eli) PEP Pepsico Inc MET Metlife Inc HON Honeywell Intl WFC Wells Fargo GE General Electric KO Coca-Cola Co FOXA Twenty-First Century Fox Inc A
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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