High Correlation Stock Scalps For February 1 |
By Stock Scalper |
Published
01/29/2016
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Stocks
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Unrated
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High Correlation Stock Scalps For February 1
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).
GE General Electric Co BRK.B Berkshire Hathaway'B' HD Home Depot Inc INTC Intel Corp MSFT Microsoft Corp MET Metlife Inc GS Goldman Sachs Grp WMT Wal-Mart Stores C Citigrp Inc MO Altria Grp UPS United Parcel'B' EMC EMC Corp CMCSA Comcast Cl A TXN Texas Instruments PEP Pepsico Inc MON Monsanto Co CL Colgate-Palmolive Co JPM JPMorgan Chase & Co ORCL Oracle Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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