High Correlation Stock Scalps For March 16 |
By Stock Scalper |
Published
03/13/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For March 16
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 MDLZ Mondelez Int'l Inc Cl A HON Honeywell Intl T AT&T Inc BRK.B Berkshire Hathaway'B' V Visa Inc PEP Pepsico Inc AMZN Amazon.com Inc PG Procter & Gamble GILD Gilead Sciences MET Metlife Inc AIG Amer Intl Grp UTX United Technologies MA Mastercard Inc AAPL Apple Inc FB Facebook Inc JNJ Johnson & Johnson CAT Caterpillar Inc JPM JPMorgan Chase & Co WMT Wal-Mart Stores PM Philip Morris Intl Inc MON Monsanto Co FOXA Twenty-First Century Fox Inc A RTN Raytheon Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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