High Correlation Stock Scalps For October 8 |
By Stock Scalper |
Published
10/7/2014
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For October 8
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).
BK Bank of New York Mellon Corp GOOG Google Inc Cl C Cap Stock GOOGL Google Inc Cl A MA Mastercard Inc COF Cap One Finl UPS United Parcel'B' ACN Accenture PLC (Ireland) NEW V Visa Inc SBUX Starbucks Corp IBM Intl Business Machines Corp QCOM Qualcomm Inc DIS Disney (Walt) Co WFC Wells Fargo BAC Bank of America Corporation AXP American Express Co BA Boeing Co MRK Merck & Co ALL Allstate Corp UNP Union Pacific Corp AMZN Amazon.com Inc C Citigrp Inc MET Metlife Inc MS MS BAX Baxter Intl JPM JPMorgan Chase & Co MMM 3M Co FDX FedEx Corp NSC Norfolk Southern FCX Freeport-McMoRan Inc FOXA Twenty-First Century Fox Inc A BRK.B Berkshire Hathaway'B' AAPL Apple Inc BIIB Biogen Idec UTX United Technologies PFE Pfizer Inc USB US Bancorp GS Goldman Sachs Grp NKE Nike, Inc'B' EMR Emerson Electric Co WAG Walgreen Co GE General Electric JNJ Johnson & Johnson MDLZ Mondelez Int'l Inc Cl A HON Honeywell Intl HD Home Depot Inc ORCL Oracle Corp CSCO Cisco Systems LOW Lowe's Cos
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|