High Correlation Stock Scalps For April 30 |
By Stock Scalper |
Published
04/29/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For April 30
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).
MET Metlife Inc ABT Abbott Laboratories F Ford Motor AXP American Express Company GOOG Google Inc Cl C Capital Stock CSCO Cisco Systems FDX FedEx Corp NSC Norfolk Southern WFC Wells Fargo USB US Bancorp EBAY Ebay Inc MA Mastercard Incorporated UTX United Technologies UNP Union Pacific Corporation V Visa Inc DIS Disney (Walt) Co BK Bank Of New York
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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