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Article: Auto Stocks Expected To Be Higher After 5 of Top 6 Correlated Stocks Fire Buy Signal.
- Article from:
- M2 Presswire
- Article date:
- June 29, 2009
CopyrightCOPYRIGHT 2009 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-29 June 2009-BUYINS.NET: Auto Stocks Expected To Be Higher After 5 of Top 6 Correlated Stocks Fire Buy Signal.(C)1994-2009 M2 COMMUNICATIONS
RDATE:29062009
BUYINS.NET / http://www.squeezetrigger.com is monitoring the top 6 most highly correlated Auto stocks and 83% of them have fired a buy signal as of June 29th, 2009. Toyota Motor (NYSE: TM), Honda Motor (NYSE: HMC), Daimler AG (NYSE: DAI), Nissan Motor (NASDAQ: NSANY) and Ford Motor (NYSE: F) are all expected to be higher as 5 of the top 6 stocks in the sector have fired a buy signal. Group rotation is a phenomenon where institutions exert buying or selling pressure in an industry group, ...