High Correlation Stock Scalps For December 7 |
By Stock Scalper |
Published
12/4/2015
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For December 7
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).
AIG Amer Intl Grp WFC Wells Fargo AMGN Amgen Inc ABT Abbott Laboratories MET Metlife Inc LOW Lowe's Cos COF Cap One Finl GS Goldman Sachs Grp DIS Disney (Walt) Co INTC Intel Corp CMCSA Comcast Cl'A' HD Home Depot Inc ORCL Oracle Corp NKE Nike, Inc'B' USB US Bancorp MDLZ Mondelez Int'l Inc Cl A MRK Merck & Co F Ford Motor BIIB Biogen Inc BRK.B Berkshire Hathaway'B' CVS CVS Health Corp BAX Baxter Intl Inc VZ Verizon Communications CSCO Cisco Systems ABBV AbbVie Inc HON Honeywell Intl BK Bank of New York Mellon Corp FOXA Twenty-First Century Fox Inc A ACN Accenture PLC (Ireland) NEW JPM JPMorgan Chase & Co T AT&T Inc GILD Gilead Sciences JNJ Johnson & Johnson
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|