High Correlation Stock Scalps For August 14 |
By Stock Scalper |
Published
08/11/2017
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Stocks
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Unrated
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High Correlation Stock Scalps For August 14
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).
FB Facebook Inc HPQ HP Inc C Citigrp Inc BIIB Biogen Inc BK Bank of New York Mellon Corp PYPL PayPal Hldgs Inc TXN Texas Instruments CAT Caterpillar Inc MA Mastercard Inc FDX FedEx Corp ACN Accenture PLC (Ireland) NEW LOW Lowe's Cos
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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