High Correlation Stock Scalps For November 23 |
By Stock Scalper |
Published
11/20/2015
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For November 23
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).
USB US Bancorp F Ford Motor COST Costco Wholesale Corp BA Boeing Co WFC Wells Fargo ABT Abbott Laboratories JNJ Johnson & Johnson BRK.B Berkshire Hathaway'B' V Visa Inc LLY Lilly (Eli) BK Bank of New York Mellon Corp T AT&T Inc EMR Emerson Electric Co AAPL Apple Inc MA Mastercard Inc AMGN Amgen Inc HON Honeywell Intl CL Colgate-Palmolive Co INTC Intel Corp PM Philip Morris Intl Inc UPS United Parcel'B' AXP American Express Co PG Procter & Gamble PEP Pepsico Inc VZ Verizon Communications UTX United Technologies MO Altria Grp KO Coca-Cola Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|