High Correlation Stock Scalps For September 12 |
By Stock Scalper |
Published
09/9/2016
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Stocks
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Unrated
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High Correlation Stock Scalps For September 12
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).
KO Coca-Cola Co PM Philip Morris Intl Inc T AT&T Inc MO Altria Grp EMR Emerson Electric Co HPQ HP Inc MMM 3M Co TXN Texas Instruments GM General Motors Co UPS United Parcel'B' BA Boeing Co CSCO Cisco Systems UNP Union Pacific Corp AMGN Amgen Inc NSC Norfolk Southern ABT Abbott Laboratories RTN Raytheon Co IBM Intl Business Machines Corp SBUX Starbucks Corp GOOG Alphabet Inc Cl C Cap Stock BIIB Biogen Inc HAL Halliburton Co UTX United Technologies MSFT Microsoft Corp PEP Pepsico Inc BRK.B Berkshire Hathaway'B' INTC Intel Corp QCOM Qualcomm Inc AAPL Apple Inc ORCL Oracle Corp FOXA Twenty-First Century Fox Inc A ALL Allstate Corp VZ Verizon Communications MDLZ Mondelez Int'l Inc Cl A AMZN Amazon.com Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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