High Correlation Stock Scalps For June 20 |
By Stock Scalper |
Published
06/17/2016
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Stocks
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Unrated
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High Correlation Stock Scalps For June 20
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).
CELG Celgene Corp V Visa Inc AIG Amer Intl Grp MA Mastercard Inc GD General Dynamics Corp JNJ Johnson & Johnson USB US Bancorp ABT Abbott Laboratories MDT Medtronic plc UNP Union Pacific Corp PFE Pfizer Inc RTN Raytheon Co BA Boeing Co OXY Occidental Petro TXN Texas Instruments INTC Intel Corp LMT Lockheed Martin BMY Bristol-Myers SQUIBB CMCSA Comcast Cl A CVS CVS Health Corp CL Colgate-Palmolive Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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