High Correlation Stock Scalps For January 16 |
By Stock Scalper |
Published
01/15/2015
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For January 16
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).
MSFT Microsoft Corp GS Goldman Sachs Grp HD Home Depot Inc QCOM Qualcomm Inc BK Bank of New York Mellon Corp AXP American Express Co NKE Nike, Inc'B' IBM Intl Business Machines Corp LOW Lowe's Cos ALL Allstate Corp MS MS CAT Caterpillar Inc FOXA Twenty-First Century Fox Inc A MET Metlife Inc MA Mastercard Inc EBAY Ebay Inc WFC Wells Fargo LMT Lockheed Martin UNP Union Pacific Corp EMC EMC Corp COF Cap One Finl HPQ Hewlett-Packard JPM JPMorgan Chase & Co C Citigrp Inc MMM 3M Co AIG Amer Intl Grp GE General Electric ORCL Oracle Corp MON Monsanto Co V Visa Inc BAC Bank of America Corporation BAX Baxter Intl AAPL Apple Inc AMZN Amazon.com Inc JNJ Johnson & Johnson ABT Abbott Laboratories FB Facebook Inc HON Honeywell Intl BA Boeing Co AMGN Amgen Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|