High Correlation Stock Scalps For June 1 |
By Stock Scalper |
Published
05/29/2015
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For June 1
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).
AAPL Apple Inc BAC Bank of America Corporation IBM Intl Business Machines Corp GOOG Google Inc Cl C Cap Stock ORCL Oracle Corp JPM JPMorgan Chase & Co MMM 3M Co GOOGL Google Inc Cl A V Visa Inc ALL Allstate Corp HON Honeywell Intl C Citigrp Inc FB Facebook Inc COF Cap One Finl WFC Wells Fargo MDT Medtronic plc BIIB Biogen Inc JNJ Johnson & Johnson USB US Bancorp CL Colgate-Palmolive Co AIG Amer Intl Grp CVS CVS Health Corp FDX FedEx Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|