High Correlation Stock Scalps For January 5 |
By Stock Scalper |
Published
01/2/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For January 5
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 BK Bank of New York Mellon Corp NSC Norfolk Southern BAX Baxter Intl CSCO Cisco Systems MMM 3M Co MDT Medtronic, Inc AXP American Express Co CL Colgate-Palmolive Co PM Philip Morris Intl Inc GE General Electric MA Mastercard Inc MET Metlife Inc RTN Raytheon Co EMR Emerson Electric Co HON Honeywell Intl GS Goldman Sachs Grp DIS Disney (Walt) Co WFC Wells Fargo CVS CVS Health Corp UNP Union Pacific Corp ORCL Oracle Corp MO Altria Grp LMT Lockheed Martin PG Procter & Gamble TXN Texas Instruments FOXA Twenty-First Century Fox Inc A KO Coca-Cola Co ALL Allstate Corp TWX Time Warner EBAY Ebay Inc DD Dupont(E.I.)Denemours FDX FedEx Corp COF Cap One Finl GD General Dynamics Corp GOOGL Google Inc Cl A PEP Pepsico Inc BRK.B Berkshire Hathaway'B' UPS United Parcel'B' ABBV AbbVie Inc ACN Accenture PLC (Ireland) NEW COST Costco Wholesale AMGN Amgen Inc ABT Abbott Laboratories NKE Nike, Inc'B' FB Facebook Inc BA Boeing Co C Citigrp Inc AIG Amer Intl Grp INTC Intel Corp GOOG Google Inc Cl C Cap Stock BAC Bank of America Corporation EMC EMC Corp WMT Wal-Mart Stores MRK Merck & Co UNH UnitedHealth Grp Inc CMCSA Comcast Cl'A' MSFT Microsoft Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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