High Correlation Stock Scalps For April 13 |
By Stock Scalper |
Published
04/10/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For April 13
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).
PFE Pfizer Inc LLY Lilly (Eli) C Citigrp Inc BMY Bristol-Myers SQUIBB OXY Occidental Petro USB US Bancorp ABBV AbbVie Inc MON Monsanto Co INTC Intel Corp ABT Abbott Laboratories CSCO Cisco Systems SLB Schlumberger Ltd RTN Raytheon Co UNH UnitedHealth Grp Inc PG Procter & Gamble AIG Amer Intl Grp MCD McDonald's Corp JNJ Johnson & Johnson APA Apache Corp APC Anadarko Petro BA Boeing Co CAT Caterpillar Inc DIS Disney (Walt) Co AMGN Amgen Inc JPM JPMorgan Chase & Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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