High Correlation Stock Scalps For October 21 |
By Stock Scalper |
Published
10/20/2014
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For October 21
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).
BA Boeing Co V Visa Inc MET Metlife Inc HD Home Depot Inc DIS Disney (Walt) Co XOM Exxon Mobil AXP American Express Co COP ConocoPhillips QCOM Qualcomm Inc T AT&T Inc LOW Lowe's Cos WFC Wells Fargo SBUX Starbucks Corp DOW Dow Chemical EXC Exelon Corp CVS CVS Health Corp MSFT Microsoft Corp NSC Norfolk Southern F Ford Motor HON Honeywell Intl AMGN Amgen Inc FB Facebook Inc MA Mastercard Inc ABT Abbott Laboratories VZ Verizon Communications UPS United Parcel'B' FOXA Twenty-First Century Fox Inc A PM Philip Morris Intl Inc C Citigrp Inc AAPL Apple Inc MDLZ Mondelez Int'l Inc Cl A CL Colgate-Palmolive Co PG Procter & Gamble MO Altria Grp DD Dupont(E.I.)Denemours COST Costco Wholesale NKE Nike, Inc'B'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|