High Correlation Stock Scalps For July 10 |
By Stock Scalper |
Published
07/9/2014
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For July 10
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).
AMZN Amazon.com Inc GOOGL Google Inc Cl A MRK Merck & Co MS MS UPS United Parcel'B' BMY Bristol-Myers SQUIBB EBAY Ebay Inc RTN Raytheon Co ABT Abbott Laboratories BIIB Biogen Idec GD General Dynamics Corp NSC Norfolk Southern VZ Verizon Communications MA Mastercard Inc DIS Disney (Walt) Co FOXA Twenty-First Century Fox Inc A V Visa Inc USB US Bancorp INTC Intel Corp BA Boeing Co JPM JPMorgan Chase & Co CMCSA Comcast Cl'A' UNH UnitedHealth Group Inc UTX United Technologies NKE Nike, Inc'B' FB Facebook Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|