Categories
Search
 

Web

TigerShark
Popular Authors
  1. Dave Mecklenburg
  2. Momentum Trader
  3. Candlestick Trader
  4. Stock Scalper
  5. Pullback Trader
  6. Breakout Trader
  7. Reversal Trader
  8. Mean Reversion Trader
  9. Frugal Trader
  10. Swing Trader
  11. Canslim Investor
  12. Dog Investor
  13. Dave Landry
  14. Art Collins
  15. Lawrence G. McMillan
No popular authors found.
Website Info
 Free Festival of Traders Videos
Article Options
Popular Articles
  1. A 10-Day Trading System
  2. Use the Right Technical Tools When You Trade
  3. Which Stock Trading Theory Works?
  4. Conquer the Four Fears
  5. Advantages and Disadvantages of Different Trading Systems
No popular articles found.
High Correlation Stock Scalps For January 7
By Stock Scalper | Published  01/6/2014 | Stocks | Unrated
High Correlation Stock Scalps For January 7

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).

KO Coca-Cola Co
MMM 3M Co
MDLZ Mondelez Int'l Inc Cl A
ACN Accenture PLC (Ireland) NEW
XOM Exxon Mobil
GE General Electric
EMR Emerson Electric Co
FDX FedEx Corp
UPS United Parcel'B'
ALL Allstate Corp
TWX Time Warner
DD Dupont(E.I.)Denemours
SBUX Starbucks Corp
SLB Schlumberger Ltd
CMCSA Comcast Cl'A'
DOW Dow Chemical
BRK.B Berkshire Hathaway'B'
COST Costco Wholesale
GD General Dynamics Corp
SO Southern Company Inc
CL Colgate-Palmolive Co
CAT Caterpillar Inc
CVX Chevron Corporation
NKE Nike, Inc'B'
MCD McDonald's Corp
LOW Lowe's Cos
GILD Gilead Sciences
NWSA News Corp Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.