High Correlation Stock Scalps For January 29 |
By Stock Scalper |
Published
01/28/2015
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For January 29
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).
GS Goldman Sachs Grp BRK.B Berkshire Hathaway'B' WFC Wells Fargo V Visa Inc NKE Nike, Inc'B' EMC EMC Corp ACN Accenture PLC (Ireland) NEW JPM JPMorgan Chase & Co MS MS GM General Motors Co CSCO Cisco Systems MA Mastercard Inc GOOG Google Inc Cl C Cap Stock GOOGL Google Inc Cl A PEP Pepsico Inc USB US Bancorp DIS Disney (Walt) Co UNH UnitedHealth Grp Inc AIG Amer Intl Grp MSFT Microsoft Corp GD General Dynamics Corp BAC Bank of America Corporation EBAY Ebay Inc C Citigrp Inc DD Dupont(E.I.)Denemours LMT Lockheed Martin HPQ Hewlett-Packard ORCL Oracle Corp INTC Intel Corp CAT Caterpillar Inc KO Coca-Cola Co PG Procter & Gamble AMZN Amazon.com Inc VZ Verizon Communications RTN Raytheon Co AXP American Express Co NSC Norfolk Southern DOW Dow Chemical MET Metlife Inc IBM Intl Business Machines Corp WMT Wal-Mart Stores XOM Exxon Mobil MDLZ Mondelez Int'l Inc Cl A
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|