High Correlation Stock Scalps For October 26 |
By Stock Scalper |
Published
10/23/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For October 26
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).
ORCL Oracle Corp MSFT Microsoft Corp MA Mastercard Inc SBUX Starbucks Corp BRK.B Berkshire Hathaway'B' CL Colgate-Palmolive Co XOM Exxon Mobil HON Honeywell Intl FOXA Twenty-First Century Fox Inc A LMT Lockheed Martin WFC Wells Fargo GILD Gilead Sciences BA Boeing Co CMCSA Comcast Cl'A' EMR Emerson Electric Co BK Bank of New York Mellon Corp UTX United Technologies
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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