High Correlation Stock Scalps For January 28 |
By Stock Scalper |
Published
01/27/2014
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For January 28
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).
NOV National Oilwell Varco Inc CSCO Cisco Systems MET Metlife Inc BAC Bank of America Corporation MMM 3M Co PM Philip Morris Intl Inc AXP American Express Company FDX FedEx Corp GS Goldman Sachs Group ACN Accenture PLC (Ireland) NEW AMZN Amazon.com Inc BRK.B Berkshire Hathaway'B' V Visa Inc UPS United Parcel'B' JNJ Johnson & Johnson AIG Amer Intl Group WFC Wells Fargo SPG Simon Property Group CVX Chevron Corporation PFE Pfizer Inc F Ford Motor MDT Medtronic, Inc DOW Dow Chemical COP ConocoPhillips MS Morgan Stanley SLB Schlumberger Ltd C Citigroup Inc WAG Walgreen Co GE General Electric LLY Lilly (Eli) BK Bank Of New York LMT Lockheed Martin EMR Emerson Electric Co OXY Occidental Petroleum TGT Target Corp RTN Raytheon Co GM General Motors Company HD Home Depot Inc JPM JPMorgan Chase & Co XOM Exxon Mobil BMY Bristol-Myers SQUIBB COF Capital One Financial KO Coca-Cola Co QCOM Qualcomm Inc GOOG Google Inc Cl A CL Colgate-Palmolive Co MDLZ Mondelez Int'l Inc Cl A BA Boeing Co DD Dupont(E.I.)Denemours DIS Disney (Walt) Co FCX Freeport-McMoRan Copper&Gold B USB US Bancorp CMCSA Comcast Cl'A' HAL Halliburton Co NKE Nike, Inc'B' ABT Abbott Laboratories TWX Time Warner CVS CVS Caremark Corporation TXN Texas Instruments ABBV AbbVie Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|