High Correlation Stock Scalps For April 27 |
By Stock Scalper |
Published
04/24/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For April 27
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).
TWX Time Warner FOXA Twenty-First Century Fox Inc A GOOG Google Inc Cl C Cap Stock NKE Nike, Inc'B' UPS United Parcel'B' PFE Pfizer Inc WFC Wells Fargo HD Home Depot Inc MSFT Microsoft Corp BRK.B Berkshire Hathaway'B' ACN Accenture PLC (Ireland) NEW JNJ Johnson & Johnson
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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