High Correlation Stock Scalps For February 4 |
By Stock Scalper |
Published
02/3/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For February 4
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).
WFC Wells Fargo BRK.B Berkshire Hathaway'B' ACN Accenture PLC (Ireland) NEW UTX United Technologies FOXA Twenty-First Century Fox Inc A UNP Union Pacific Corp GS Goldman Sachs Grp AXP American Express Co ALL Allstate Corp MS MS JPM JPMorgan Chase & Co MDLZ Mondelez Int'l Inc Cl A TWX Time Warner HON Honeywell Intl NSC Norfolk Southern GD General Dynamics Corp RTN Raytheon Co DD Dupont(E.I.)Denemours MMM 3M Co CMCSA Comcast Cl'A' FCX Freeport-McMoRan Inc MET Metlife Inc BAC Bank of America Corporation GE General Electric AIG Amer Intl Grp DIS Disney (Walt) Co MDT Medtronic plc LMT Lockheed Martin XOM Exxon Mobil COF Cap One Finl CAT Caterpillar Inc FDX FedEx Corp JNJ Johnson & Johnson IBM Intl Business Machines Corp CVX Chevron Corporation BK Bank of New York Mellon Corp ORCL Oracle Corp EMC EMC Corp MON Monsanto Co TGT Target Corp T AT&T Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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