High Correlation Stock Scalps For February 29 |
By Stock Scalper |
Published
02/26/2016
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Stocks
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Unrated
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High Correlation Stock Scalps For February 29
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).
AAPL Apple Inc ALL Allstate Corp V Visa Inc BRK.B Berkshire Hathaway'B' MMM 3M Co APC Anadarko Petro ACN Accenture PLC (Ireland) NEW GOOG Alphabet Inc Cl C Cap Stock MDT Medtronic plc MA Mastercard Inc ABT Abbott Laboratories GOOGL Alphabet Inc Cl A GE General Electric Co VZ Verizon Communications GM General Motors Co AMZN Amazon.com Inc UPS United Parcel'B' FOX Twenty-First Century Fox Inc B UNH UnitedHealth Grp Inc KMI Kinder Morgan Inc FOXA Twenty-First Century Fox Inc A SPG Simon Ppty Grp HAL Halliburton Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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