High Correlation Stock Scalps For February 6 |
By Stock Scalper |
Published
02/5/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For February 6
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 BRK.B Berkshire Hathaway'B' AXP American Express Co ACN Accenture PLC (Ireland) NEW PG Procter & Gamble UTX United Technologies UNP Union Pacific Corp T AT&T Inc LMT Lockheed Martin BA Boeing Co DD Dupont(E.I.)Denemours MET Metlife Inc QCOM Qualcomm Inc MA Mastercard Inc TXN Texas Instruments CSCO Cisco Systems WMT Wal-Mart Stores SBUX Starbucks Corp INTC Intel Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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