High Correlation Stock Scalps For June 1 |
By Stock Scalper |
Published
05/28/2021
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Stocks
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Unrated
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High Correlation Stock Scalps For June 1
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).
DHR Danaher Corp OXY Occidental Petro Corp GM General Motors Co NKE Nike Inc Cl B SBUX Starbucks Corp HD Home Depot Inc LOW Lowe's Cos, Inc MSFT Microsoft Corp GOOGL Alphabet Inc Cl A INTC Intel Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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