High Correlation Stock Scalps For October 9 |
By Stock Scalper |
Published
10/8/2014
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For October 9
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).
UPS United Parcel'B' V Visa Inc BK Bank of New York Mellon Corp WFC Wells Fargo AXP American Express Co BRK.B Berkshire Hathaway'B' MA Mastercard Inc ALL Allstate Corp GOOG Google Inc Cl C Cap Stock BAC Bank of America Corporation SBUX Starbucks Corp GOOGL Google Inc Cl A MS MS ACN Accenture PLC (Ireland) NEW GD General Dynamics Corp UNP Union Pacific Corp IBM Intl Business Machines Corp GS Goldman Sachs Grp ORCL Oracle Corp COF Cap One Finl BA Boeing Co INTC Intel Corp ABBV AbbVie Inc DIS Disney (Walt) Co QCOM Qualcomm Inc FCX Freeport-McMoRan Inc BIIB Biogen Idec AMZN Amazon.com Inc C Citigrp Inc FDX FedEx Corp MDLZ Mondelez Int'l Inc Cl A LLY Lilly (Eli) HON Honeywell Intl PFE Pfizer Inc JPM JPMorgan Chase & Co NKE Nike, Inc'B' MMM 3M Co DOW Dow Chemical FB Facebook Inc NSC Norfolk Southern JNJ Johnson & Johnson BMY Bristol-Myers SQUIBB CVX Chevron Corporation USB US Bancorp GE General Electric BAX Baxter Intl UTX United Technologies EMR Emerson Electric Co AAPL Apple Inc MET Metlife Inc OXY Occidental Petro
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|