High Correlation Stock Scalps For November 24 |
By Stock Scalper |
Published
11/22/2014
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For November 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).
DD Dupont(E.I.)Denemours TXN Texas Instruments MON Monsanto Co GD General Dynamics Corp EMR Emerson Electric Co DOW Dow Chemical AMZN Amazon.com Inc INTC Intel Corp OXY Occidental Petro XOM Exxon Mobil CSCO Cisco Systems CL Colgate-Palmolive Co WFC Wells Fargo AXP American Express Co BMY Bristol-Myers SQUIBB USB US Bancorp ALL Allstate Corp COP ConocoPhillips AIG Amer Intl Grp BK Bank of New York Mellon Corp DVN Devon Energy APA Apache Corp APC Anadarko Petro MMM 3M Co FCX Freeport-McMoRan Inc AAPL Apple Inc V Visa Inc NKE Nike, Inc'B' MDT Medtronic, Inc MA Mastercard Inc PG Procter & Gamble UPS United Parcel'B' SLB Schlumberger Ltd
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|