High Correlation Stock Scalps For January 25 |
By Stock Scalper |
Published
01/22/2021
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For January 25
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).
GOOGL Alphabet Inc Cl A GOOG Alphabet Inc Cl C Cap Stock MSFT Microsoft Corp KHC The Kraft Heinz Company NFLX Netflix Inc EMR Emerson Electric Co AMGN Amgen Inc AMZN Amazon.com Inc MO Altria Grp CHTR Charter Communications Inc NEE NextEra Energy Inc MA Mastercard Inc BLK Blackrock Inc'A' FB Facebook Inc SBUX Starbucks Corp ADBE Adobe Inc MCD McDonald's Corp ABT Abbott Laboratories F Ford Motor ALL Allstate Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|