High Correlation Stock Scalps For January 12 |
By Stock Scalper |
Published
01/9/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For January 12
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).
UPS United Parcel'B' DD Dupont(E.I.)Denemours MA Mastercard Inc TWX Time Warner TXN Texas Instruments INTC Intel Corp NKE Nike, Inc'B' ABT Abbott Laboratories F Ford Motor HPQ Hewlett-Packard MSFT Microsoft Corp BAX Baxter Intl UNH UnitedHealth Grp Inc V Visa Inc QCOM Qualcomm Inc RTN Raytheon Co UTX United Technologies BRK.B Berkshire Hathaway'B' ALL Allstate Corp MDLZ Mondelez Int'l Inc Cl A AAPL Apple Inc MMM 3M Co PG Procter & Gamble HD Home Depot Inc BMY Bristol-Myers SQUIBB HON Honeywell Intl EMR Emerson Electric Co DOW Dow Chemical JNJ Johnson & Johnson CL Colgate-Palmolive Co WMT Wal-Mart Stores CAT Caterpillar Inc AXP American Express Co EBAY Ebay Inc UNP Union Pacific Corp GS Goldman Sachs Grp CVX Chevron Corporation NOV National Oilwell Varco Inc BK Bank of New York Mellon Corp FB Facebook Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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