High Correlation Stock Scalps For February 19 |
By Stock Scalper |
Published
02/18/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For February 19
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).
MMM 3M Co CL Colgate-Palmolive Co FDX FedEx Corp AAPL Apple Inc UPS United Parcel'B' LOW Lowe's Cos GILD Gilead Sciences ABBV AbbVie Inc MO Altria Grp MDT Medtronic plc LMT Lockheed Martin SBUX Starbucks Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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