High Correlation Stock Scalps For February 5 |
By Stock Scalper |
Published
02/4/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For February 5
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).
HON Honeywell Intl MDLZ Mondelez Int'l Inc Cl A BRK.B Berkshire Hathaway'B' GS Goldman Sachs Grp GD General Dynamics Corp AXP American Express Co PM Philip Morris Intl Inc RTN Raytheon Co USB US Bancorp WFC Wells Fargo MDT Medtronic plc EMC EMC Corp VZ Verizon Communications TWX Time Warner DD Dupont(E.I.)Denemours T AT&T Inc F Ford Motor LMT Lockheed Martin PEP Pepsico Inc XOM Exxon Mobil DOW Dow Chemical BA Boeing Co MMM 3M Co FDX FedEx Corp HPQ Hewlett-Packard MA Mastercard Inc PFE Pfizer Inc CVS CVS Health Corp CL Colgate-Palmolive Co AAPL Apple Inc OXY Occidental Petro
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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