High Correlation Stock Scalps For August 9 |
By Stock Scalper |
Published
08/6/2021
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Stocks
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Unrated
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High Correlation Stock Scalps For August 9
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).
BA Boeing Co EMR Emerson Electric Co ABT Abbott Laboratories ACN Accenture PLC (Ireland) NEW WMT Walmart Inc MSFT Microsoft Corp SPG Simon Ppty Grp UNP Union Pacific Corp C Citigrp Inc GOOG Alphabet Inc Cl C Cap Stock GOOGL Alphabet Inc Cl A GE General Electric Co BLK Blackrock Inc'A' OXY Occidental Petro Corp WFC Wells Fargo & Company BAC Bank of America Corporation USB US Bancorp CAT Caterpillar Inc EXC Exelon Corp COST Costco Wholesale Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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