High Correlation Stock Scalps For May 10 |
By Stock Scalper |
Published
05/7/2021
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Stocks
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Unrated
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High Correlation Stock Scalps For May 10
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).
INTC Intel Corp SPG Simon Ppty Grp AIG Amer Intl Grp PM Philip Morris Intl Inc NKE Nike Inc Cl B CSCO Cisco Systems COST Costco Wholesale Corp GOOGL Alphabet Inc Cl A MO Altria Grp CMCSA Comcast Cl A MDLZ Mondelez Int'l Inc Cl A CHTR Charter Communications Inc GD General Dynamics Corp EMR Emerson Electric Co GOOG Alphabet Inc Cl C Cap Stock F Ford Motor QCOM Qualcomm Inc FDX FedEx Corp MSFT Microsoft Corp LOW Lowe's Cos, Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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