High Correlation Stock Scalps For January 4 |
By Stock Scalper |
Published
12/31/2015
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Stocks
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Unrated
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High Correlation Stock Scalps For January 4
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).
MA Mastercard Inc WFC Wells Fargo GS Goldman Sachs Grp JPM JPMorgan Chase & Co CSCO Cisco Systems TGT Target Corp PEP Pepsico Inc V Visa Inc PM Philip Morris Intl Inc UNH UnitedHealth Grp Inc INTC Intel Corp MCD McDonald's Corp UPS United Parcel'B' MSFT Microsoft Corp HON Honeywell Intl MMM 3M Co EBAY Ebay Inc PG Procter & Gamble JNJ Johnson & Johnson SBUX Starbucks Corp IBM Intl Business Machines Corp MO Altria Grp MRK Merck & Co CL Colgate-Palmolive Co ORCL Oracle Corp ALL Allstate Corp ABT Abbott Laboratories C Citigrp Inc AXP American Express Co CVS CVS Health Corp COF Cap One Finl LOW Lowe's Cos MDT Medtronic plc MS Morgan Stanley MET Metlife Inc AMGN Amgen Inc MDLZ Mondelez Int'l Inc Cl A BMY Bristol-Myers SQUIBB BA Boeing Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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