High Correlation Stock Scalps For January 7 |
By Stock Scalper |
Published
01/6/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For January 7
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 WFC Wells Fargo TWX Time Warner DD Dupont(E.I.)Denemours ACN Accenture PLC (Ireland) NEW CMCSA Comcast Cl'A' UPS United Parcel'B' MMM 3M Co COF Cap One Finl MA Mastercard Inc MON Monsanto Co TXN Texas Instruments EMR Emerson Electric Co GE General Electric LMT Lockheed Martin AXP American Express Co NKE Nike, Inc'B' FOXA Twenty-First Century Fox Inc A HON Honeywell Intl AIG Amer Intl Grp BAC Bank of America Corporation UNP Union Pacific Corp MET Metlife Inc BAX Baxter Intl F Ford Motor DOW Dow Chemical RTN Raytheon Co BK Bank of New York Mellon Corp NSC Norfolk Southern GS Goldman Sachs Grp BA Boeing Co ALL Allstate Corp UTX United Technologies ORCL Oracle Corp DIS Disney (Walt) Co GOOGL Google Inc Cl A JPM JPMorgan Chase & Co EBAY Ebay Inc SBUX Starbucks Corp C Citigrp Inc UNH UnitedHealth Grp Inc BRK.B Berkshire Hathaway'B' AMZN Amazon.com Inc MS MS HPQ Hewlett-Packard EMC EMC Corp CL Colgate-Palmolive Co GOOG Google Inc Cl C Cap Stock ABBV AbbVie Inc NOV National Oilwell Varco Inc JNJ Johnson & Johnson INTC Intel Corp OXY Occidental Petro SLB Schlumberger Ltd APC Anadarko Petro LOW Lowe's Cos MCD McDonald's Corp FB Facebook Inc XOM Exxon Mobil HD Home Depot Inc PEP Pepsico Inc MSFT Microsoft Corp V Visa Inc TGT Target Corp DVN Devon Energy
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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