High Correlation Stock Scalps For June 29 |
By Stock Scalper |
Published
06/26/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For June 29
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).
AMGN Amgen Inc GM General Motors Co BRK.B Berkshire Hathaway'B' TXN Texas Instruments QCOM Qualcomm Inc CSCO Cisco Systems COST(F) Costco Wholesale Corp BK Bank of New York Mellon Corp HON Honeywell Intl IBM Intl Business Machines Corp BA Boeing Co BIIB Biogen Inc MDT Medtronic plc MMM 3M Co C Citigrp Inc DD Dupont(E.I.)Denemours GS Goldman Sachs Grp HD Home Depot Inc LOW Lowe's Cos KO Coca-Cola Co MS Morgan Stanley PEP Pepsico Inc GOOGL Google Inc Cl A
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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