High Correlation Stock Scalps For January 21 |
By Stock Scalper |
Published
01/20/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For January 21
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).
MSFT Microsoft Corp MA Mastercard Inc MDT Medtronic, Inc HD Home Depot Inc SBUX Starbucks Corp LMT Lockheed Martin MET Metlife Inc V Visa Inc CSCO Cisco Systems CL Colgate-Palmolive Co UNP Union Pacific Corp QCOM Qualcomm Inc HON Honeywell Intl TXN Texas Instruments MMM 3M Co UPS United Parcel'B' AMGN Amgen Inc EMR Emerson Electric Co KO Coca-Cola Co HPQ Hewlett-Packard NOV National Oilwell Varco Inc ORCL Oracle Corp MDLZ Mondelez Int'l Inc Cl A FB Facebook Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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