High Correlation Stock Scalps For November 16 |
By Stock Scalper |
Published
11/13/2015
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For November 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).
ACN Accenture PLC (Ireland) NEW MA Mastercard Inc MS Morgan Stanley USB US Bancorp GS Goldman Sachs Grp JPM JPMorgan Chase & Co IBM Intl Business Machines Corp HPQ HP Inc INTC Intel Corp VZ Verizon Communications BK Bank of New York Mellon Corp GM General Motors Co WFC Wells Fargo AIG Amer Intl Grp GD General Dynamics Corp UPS United Parcel'B' PM Philip Morris Intl Inc F Ford Motor HD Home Depot Inc PG Procter & Gamble AXP American Express Co BRK.B Berkshire Hathaway'B' MDLZ Mondelez Int'l Inc Cl A ORCL Oracle Corp MCD McDonald's Corp SPG Simon Ppty Grp SBUX Starbucks Corp ALL Allstate Corp COF Cap One Finl DIS Disney (Walt) Co T AT&T Inc MMM 3M Co TXN Texas Instruments AAPL Apple Inc EXC Exelon Corp HON Honeywell Intl PEP Pepsico Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|