High Correlation Stock Scalps For April 20 |
By Stock Scalper |
Published
04/17/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For April 20
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).
IBM Intl Business Machines Corp NKE Nike, Inc'B' GILD Gilead Sciences BK Bank of New York Mellon Corp BIIB Biogen Inc ALL Allstate Corp MMM 3M Co ACN Accenture PLC (Ireland) NEW ABT Abbott Laboratories UTX United Technologies VZ Verizon Communications DD Dupont(E.I.)Denemours MA Mastercard Inc CL Colgate-Palmolive Co LLY Lilly (Eli) F Ford Motor PG Procter & Gamble V Visa Inc LOW Lowe's Cos MON Monsanto Co T AT&T Inc WFC Wells Fargo UPS United Parcel'B' AMZN Amazon.com Inc PEP Pepsico Inc AAPL Apple Inc SBUX Starbucks Corp BRK.B Berkshire Hathaway'B' ORCL Oracle Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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