High Correlation Stock Scalps For August 11 |
By Stock Scalper |
Published
08/8/2014
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For August 11
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).
TXN Texas Instruments MRK Merck & Co HPQ Hewlett-Packard COP ConocoPhillips ACN Accenture PLC (Ireland) NEW CMCSA Comcast Cl'A' GOOG Google Inc Cl C Cap Stock USB US Bancorp GOOGL Google Inc Cl A XOM Exxon Mobil LLY Lilly (Eli) GS Goldman Sachs Grp F Ford Motor CSCO Cisco Systems MET Metlife Inc MS MS MMM 3M Co COF Cap One Finl IBM Intl Business Machines Corp SBUX Starbucks Corp HAL Halliburton Co MDT Medtronic, Inc AMGN Amgen Inc MA Mastercard Inc NKE Nike, Inc'B' BIIB Biogen Idec DIS Disney (Walt) Co OXY Occidental Petro APA Apache Corp SLB Schlumberger Ltd CVX Chevron Corporation QCOM Qualcomm Inc UPS United Parcel'B' CVS CVS Caremark Corporation V Visa Inc TGT Target Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|