High Correlation Stock Scalps For January 14 |
By Stock Scalper |
Published
01/13/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For January 14
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).
BRK.B Berkshire Hathaway'B' HD Home Depot Inc EBAY Ebay Inc MA Mastercard Inc MSFT Microsoft Corp LOW Lowe's Cos ALL Allstate Corp QCOM Qualcomm Inc MMM 3M Co HPQ Hewlett-Packard DOW Dow Chemical NKE Nike, Inc'B' UNP Union Pacific Corp AXP American Express Co MDLZ Mondelez Int'l Inc Cl A PEP Pepsico Inc FB Facebook Inc JPM JPMorgan Chase & Co EMR Emerson Electric Co TXN Texas Instruments ORCL Oracle Corp GS Goldman Sachs Grp KO Coca-Cola Co PG Procter & Gamble IBM Intl Business Machines Corp WFC Wells Fargo TGT Target Corp UNH UnitedHealth Grp Inc BK Bank of New York Mellon Corp AAPL Apple Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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