High Correlation Stock Scalps For October 23 |
By Stock Scalper |
Published
10/22/2014
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For October 23
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).
MET Metlife Inc HD Home Depot Inc JPM JPMorgan Chase & Co DIS Disney (Walt) Co NKE Nike, Inc'B' QCOM Qualcomm Inc V Visa Inc WFC Wells Fargo DD Dupont(E.I.)Denemours T AT&T Inc MMM 3M Co DOW Dow Chemical AIG Amer Intl Grp XOM Exxon Mobil ALL Allstate Corp LOW Lowe's Cos UNH UnitedHealth Grp Inc ABT Abbott Laboratories USB US Bancorp EBAY Ebay Inc MA Mastercard Inc C Citigrp Inc UPS United Parcel'B' FB Facebook Inc MON Monsanto Co CVX Chevron Corporation INTC Intel Corp FDX FedEx Corp COP ConocoPhillips DVN Devon Energy BRK.B Berkshire Hathaway'B' HON Honeywell Intl BAC Bank of America Corporation MO Altria Grp VZ Verizon Communications GE General Electric AMZN Amazon.com Inc CMCSA Comcast Cl'A' AXP American Express Co HAL Halliburton Co FCX Freeport-McMoRan Inc OXY Occidental Petro ACN Accenture PLC (Ireland) NEW EXC Exelon Corp RTN Raytheon Co SLB Schlumberger Ltd MDT Medtronic, Inc BK Bank of New York Mellon Corp MS MS GS Goldman Sachs Grp UNP Union Pacific Corp TGT Target Corp EMR Emerson Electric Co WAG Walgreen Co APC Anadarko Petro F Ford Motor NOV National Oilwell Varco Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|