High Correlation Stock Scalps For January 8 |
By Stock Scalper |
Published
01/7/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For January 8
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).
DD Dupont(E.I.)Denemours UPS United Parcel'B' MA Mastercard Inc MMM 3M Co USB US Bancorp TXN Texas Instruments V Visa Inc CAT Caterpillar Inc LMT Lockheed Martin AIG Amer Intl Grp GS Goldman Sachs Grp BK Bank of New York Mellon Corp UTX United Technologies F Ford Motor MS MS SBUX Starbucks Corp ACN Accenture PLC (Ireland) NEW UNH UnitedHealth Grp Inc BA Boeing Co CL Colgate-Palmolive Co INTC Intel Corp C Citigrp Inc NKE Nike, Inc'B' RTN Raytheon Co MSFT Microsoft Corp PG Procter & Gamble ABT Abbott Laboratories JNJ Johnson & Johnson
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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