High Correlation Stock Scalps For June 7 |
By Stock Scalper |
Published
06/4/2021
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Stocks
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Unrated
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High Correlation Stock Scalps For June 7
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).
AAPL Apple Inc ACN Accenture PLC (Ireland) NEW PYPL PayPal Hldgs Inc GOOG Alphabet Inc Cl C Cap Stock MSFT Microsoft Corp FB Facebook Inc MMM 3M Co GD General Dynamics Corp GOOGL Alphabet Inc Cl A BIIB Biogen Inc KO Coca-Cola Co UNP Union Pacific Corp INTC Intel Corp ADBE Adobe Inc LMT Lockheed Martin Corp CSCO Cisco Systems
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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