High Correlation Stock Scalps For April 26 |
By Stock Scalper |
Published
04/23/2021
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Stocks
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Unrated
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High Correlation Stock Scalps For April 26
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).
TXN Texas Instruments QCOM Qualcomm Inc BRK.B Berkshire Hathaway'B' DD DuPont de Nemours Inc MSFT Microsoft Corp EMR Emerson Electric Co BK Bank of New York Mellon Corp GD General Dynamics Corp MS Morgan Stanley UNP Union Pacific Corp KMI Kinder Morgan Inc SPG Simon Ppty Grp BAC Bank of America Corporation WFC Wells Fargo & Company BLK Blackrock Inc'A' MET Metlife Inc GM General Motors Co AIG Amer Intl Grp SBUX Starbucks Corp OXY Occidental Petro Corp USB US Bancorp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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