High Correlation Stock Scalps For February 20 |
By Stock Scalper |
Published
02/16/2018
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Stocks
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Unrated
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High Correlation Stock Scalps For February 20
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).
ORCL Oracle Corp MDT Medtronic plc V Visa Inc MSFT Microsoft Corp AAPL Apple Inc HPQ HP Inc GS Goldman Sachs Grp GOOG Alphabet Inc Cl C Cap Stock IBM Intl Business Machines Corp LLY Lilly (Eli) LMT Lockheed Martin Corp UNP Union Pacific Corp HON Honeywell Intl WFC Wells Fargo BRK.B Berkshire Hathaway'B' MMM 3M Co BAC Bank of America Corporation NSC Norfolk Southern JPM JPMorgan Chase & Co FOXA Twenty-First Century Fox Inc A FDX FedEx Corp T AT&T Inc WBA Walgreen Boots Alliance Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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