High Correlation Stock Scalps For January 9 |
By Stock Scalper |
Published
01/6/2017
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Stocks
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Unrated
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High Correlation Stock Scalps For January 9
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).
NKE Nike Inc Cl B IBM Intl Business Machines Corp SLB Schlumberger Ltd FOX Twenty-First Century Fox Inc B BA Boeing Co FOXA Twenty-First Century Fox Inc A DIS Disney (Walt) Co FDX FedEx Corp PCLN The Priceline Grp Inc V Visa Inc FB Facebook Inc MS Morgan Stanley ABT Abbott Laboratories GOOG Alphabet Inc Cl C Cap Stock KMI Kinder Morgan Inc GOOGL Alphabet Inc Cl A SPG Simon Ppty Grp UTX United Technologies HON Honeywell Intl NSC Norfolk Southern SBUX Starbucks Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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