High Correlation Stock Scalps For October 9 |
By Stock Scalper |
Published
10/6/2017
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Stocks
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Unrated
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High Correlation Stock Scalps For October 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).
ABT Abbott Laboratories C Citigrp Inc BK Bank of New York Mellon Corp BAC Bank of America Corporation COF Cap One Finl MDT Medtronic plc MET Metlife Inc ALL Allstate Corp MS Morgan Stanley BRK.B Berkshire Hathaway'B' MA Mastercard Inc AIG Amer Intl Grp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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