High Correlation Stock Scalps For June 14 |
By Stock Scalper |
Published
06/11/2021
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Stocks
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Unrated
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High Correlation Stock Scalps For June 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).
MCD McDonald's Corp SBUX Starbucks Corp CHTR Charter Communications Inc DHR Danaher Corp INTC Intel Corp ACN Accenture PLC (Ireland) NEW KMI Kinder Morgan Inc T AT&T Inc VZ Verizon Communications ADBE Adobe Inc MSFT Microsoft Corp PYPL PayPal Hldgs Inc V Visa Inc WBA Walgreen Boots Alliance Inc NEE NextEra Energy Inc CSCO Cisco Systems GOOGL Alphabet Inc Cl A QCOM Qualcomm Inc MRK Merck & Co COST Costco Wholesale Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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