High Correlation Stock Scalps For November 18 |
By Stock Scalper |
Published
11/15/2013
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For November 18
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).
NKE Nike, Inc'B' MET Metlife Inc CVS CVS Caremark Corporation GILD Gilead Sciences CL Colgate-Palmolive Co MO Altria Group SO Southern Company Inc TXN Texas Instruments LLY Lilly (Eli) PM Philip Morris Intl Inc MMM 3M Co UNP Union Pacific Corporation GD General Dynamics Corp HD Home Depot Inc ALL Allstate Corp PFE Pfizer Inc MA Mastercard Incorporated XOM Exxon Mobil BK Bank Of New York BRK.B Berkshire Hathaway'B' WMB Williams Companies
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|