High Correlation Stock Scalps For January 4 |
By Stock Scalper |
Published
12/31/2020
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For January 4
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). LMT Lockheed Martin Corp KO Coca-Cola Co PEP Pepsico Inc GS Goldman Sachs Grp UNP Union Pacific Corp COST Costco Wholesale Corp MDT Medtronic plc UNH UnitedHealth Grp Inc BRK.B Berkshire Hathaway'B' C Citigrp Inc DIS Disney (Walt) Co BK Bank of New York Mellon Corp CMCSA Comcast Cl A SBUX Starbucks Corp JPM JPMorgan Chase & Co AXP American Express Co DUK Duke Energy Corporation NEE NextEra Energy Inc MA Mastercard Inc BKNG Booking Hldgs Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|