High Correlation Stock Scalps For January 20 |
By Stock Scalper |
Published
01/16/2015
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For January 20
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 LOW Lowe's Cos LMT Lockheed Martin F Ford Motor BAX Baxter Intl WFC Wells Fargo HD Home Depot Inc MDT Medtronic, Inc MET Metlife Inc MA Mastercard Inc BRK.B Berkshire Hathaway'B' USB US Bancorp IBM Intl Business Machines Corp TXN Texas Instruments AIG Amer Intl Grp SBUX Starbucks Corp UPS United Parcel'B' ORCL Oracle Corp CVX Chevron Corporation AMGN Amgen Inc FCX Freeport-McMoRan Inc MMM 3M Co ABT Abbott Laboratories EMR Emerson Electric Co NOV National Oilwell Varco Inc CMCSA Comcast Cl'A'
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|