High Correlation Stock Scalps For October 24 |
By Stock Scalper |
Published
10/23/2014
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For October 24
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).
JPM JPMorgan Chase & Co WFC Wells Fargo V Visa Inc TGT Target Corp XOM Exxon Mobil INTC Intel Corp AAPL Apple Inc USB US Bancorp C Citigrp Inc TXN Texas Instruments GILD Gilead Sciences LOW Lowe's Cos CVX Chevron Corporation FB Facebook Inc FDX FedEx Corp ABT Abbott Laboratories HON Honeywell Intl UNH UnitedHealth Grp Inc BAC Bank of America Corporation BRK.B Berkshire Hathaway'B' ACN Accenture PLC (Ireland) NEW GE General Electric BAX Baxter Intl MDT Medtronic, Inc SLB Schlumberger Ltd JNJ Johnson & Johnson HAL Halliburton Co GD General Dynamics Corp MDLZ Mondelez Int'l Inc Cl A GOOGL Google Inc Cl A GOOG Google Inc Cl C Cap Stock NOV National Oilwell Varco Inc MRK Merck & Co APA Apache Corp CSCO Cisco Systems F Ford Motor
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|