High Correlation Stock Scalps For February 23 |
By Stock Scalper |
Published
02/20/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For February 23
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 LOW Lowe's Cos TXN Texas Instruments LLY Lilly (Eli) UNH UnitedHealth Grp Inc C CitiGrp Inc COF Cap One Finl ABT Abbott Laboratories GD General Dynamics Corp ABBV AbbVie Inc HON Honeywell Intl MO Altria Grp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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