High Correlation Stock Scalps For December 5 |
By Stock Scalper |
Published
12/2/2016
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Stocks
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Unrated
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High Correlation Stock Scalps For December 5
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).
CSCO Cisco Systems GOOGL Alphabet Inc Cl A AMZN Amazon.com Inc GOOG Alphabet Inc Cl C Cap Stock CL Colgate-Palmolive Co PM Philip Morris Intl Inc VZ Verizon Communications MDT Medtronic plc UTX United Technologies SO Southern Co Inc ABBV AbbVie Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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