High Correlation Stock Scalps For September 28 |
By Stock Scalper |
Published
09/25/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For September 28
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).
AXP American Express Co MS Morgan Stanley LOW Lowe's Cos AIG Amer Intl Grp ORCL Oracle Corp EBAY Ebay Inc INTC Intel Corp AMZN Amazon.com Inc MA Mastercard Inc QCOM Qualcomm Inc HON Honeywell Intl PM Philip Morris Intl Inc CMCSA Comcast Cl'A' BRK.B Berkshire Hathaway'B' NSC Norfolk Southern TXN Texas Instruments CVX Chevron Corporation DIS Disney (Walt) Co FB Facebook Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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