High Correlation Stock Scalps For March 6 |
By Stock Scalper |
Published
03/3/2017
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Stocks
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Unrated
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High Correlation Stock Scalps For March 6
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).
C Citigrp Inc HON Honeywell Intl MA Mastercard Inc JPM JPMorgan Chase & Co MMM 3M Co GOOGL Alphabet Inc Cl A COF Cap One Finl NSC Norfolk Southern DIS Disney (Walt) Co SBUX Starbucks Corp T AT&T Inc ALL Allstate Corp MSFT Microsoft Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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