High Correlation Stock Scalps For March 30 |
By Stock Scalper |
Published
03/27/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For March 30
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).
GE General Electric JPM JPMorgan Chase & Co UPS United Parcel'B' TXN Texas Instruments C Citigrp Inc COF Cap One Finl GS Goldman Sachs Grp MO Altria Grp USB US Bancorp TWX Time Warner VZ Verizon Communications CL Colgate-Palmolive Co HON Honeywell Intl DIS Disney (Walt) Co MMM 3M Co MS Morgan Stanley IBM Intl Business Machines Corp MET Metlife Inc UTX United Technologies BK Bank of New York Mellon Corp INTC Intel Corp EMR Emerson Electric Co MDT Medtronic plc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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