High Correlation Stock Scalps For December 22 |
By Stock Scalper |
Published
12/21/2015
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For December 22
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 ABT Abbott Laboratories COF Cap One Finl BRK.B Berkshire Hathaway'B' INTC Intel Corp EBAY Ebay Inc TWX Time Warner MA Mastercard Inc MS Morgan Stanley ALL Allstate Corp BMY Bristol-Myers SQUIBB USB US Bancorp CSCO Cisco Systems BAC Bank of America Corporation JPM JPMorgan Chase & Co AXP American Express Co CL Colgate-Palmolive Co JNJ Johnson & Johnson BK Bank of New York Mellon Corp GM General Motors Co MRK Merck & Co C Citigrp Inc FOXA Twenty-First Century Fox Inc A PG Procter & Gamble MET Metlife Inc UNP Union Pacific Corp UPS United Parcel'B' IBM Intl Business Machines Corp BAX Baxter Intl Inc KO Coca-Cola Co HD Home Depot Inc RTN Raytheon Co MSFT Microsoft Corp F Ford Motor PEP Pepsico Inc PM Philip Morris Intl Inc WFC Wells Fargo UTX United Technologies MMM 3M Co NSC Norfolk Southern MDT Medtronic plc ACN Accenture PLC (Ireland) NEW LOW Lowe's Cos
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|