High Correlation Stock Scalps For March 5 |
By Stock Scalper |
Published
03/2/2018
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For March 5
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).
AXP American Express Co ACN Accenture PLC (Ireland) NEW GOOG Alphabet Inc Cl C Cap Stock USB US Bancorp GOOGL Alphabet Inc Cl A GS Goldman Sachs Grp WFC Wells Fargo HON Honeywell Intl C Citigrp Inc LMT Lockheed Martin Corp FB Facebook Inc GILD Gilead Sciences JPM JPMorgan Chase & Co WMT Wal-Mart Stores OXY Occidental Petro F Ford Motor COF Cap One Finl ABBV AbbVie Inc V Visa Inc HAL Halliburton Co BK Bank of New York Mellon Corp RTN Raytheon Co COP ConocoPhillips MA Mastercard Inc MS Morgan Stanley GD General Dynamics Corp AMZN Amazon.com Inc SLB Schlumberger Ltd BAC Bank of America Corporation AAPL Apple Inc ORCL Oracle Corp BA Boeing Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|