High Correlation Stock Scalps For December 14 |
By Stock Scalper |
Published
12/11/2020
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Stocks
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Unrated
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High Correlation Stock Scalps For December 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). ACN Accenture PLC (Ireland) NEW BLK Blackrock Inc'A' TXN Texas Instruments AMZN Amazon.com Inc GOOG Alphabet Inc Cl C Cap Stock V Visa Inc GOOGL Alphabet Inc Cl A FDX FedEx Corp FB Facebook Inc JPM JPMorgan Chase & Co AXP American Express Co PG Procter & Gamble Co MDLZ Mondelez Int'l Inc Cl A CL Colgate-Palmolive Co UNH UnitedHealth Grp Inc MA Mastercard Inc AAPL Apple Inc WMT Walmart Inc BA Boeing Co MSFT Microsoft Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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