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High Correlation Stock Scalps For November 9
By Stock Scalper | Published  11/6/2015 | Stocks | Unrated
High Correlation Stock Scalps For November 9

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).

XOM Exxon Mobil
SLB Schlumberger Ltd
CVX Chevron Corporation
MDT Medtronic plc
NSC Norfolk Southern
BRK.B Berkshire Hathaway'B'
PG Procter & Gamble
T AT&T Inc
LOW Lowe's Cos
BAX Baxter Intl Inc
AMGN Amgen Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.