High Correlation Stock Scalps For January 2 |
By Stock Scalper |
Published
12/29/2017
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Stocks
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Unrated
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High Correlation Stock Scalps For January 2
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).
AXP American Express Co BRK.B Berkshire Hathaway'B' AIG Amer Intl Grp MRK Merck & Co SBUX Starbucks Corp JPM JPMorgan Chase & Co UNH UnitedHealth Grp Inc TXN Texas Instruments UTX United Technologies IBM Intl Business Machines Corp MET Metlife Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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