High Correlation Stock Scalps For May 11 |
By Stock Scalper |
Published
05/8/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For May 11
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 GOOG Google Inc Cl C Cap Stock AMGN Amgen Inc GM General Motors Co DD Dupont(E.I.)Denemours AAPL Apple Inc C Citigrp Inc JNJ Johnson & Johnson F Ford Motor UTX United Technologies USB US Bancorp AMZN Amazon.com Inc BIIB Biogen Inc BMY Bristol-Myers SQUIBB
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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