High Correlation Stock Scalps For April 12 |
By Stock Scalper |
Published
04/9/2021
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Stocks
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Unrated
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High Correlation Stock Scalps For April 12
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).
V Visa Inc ACN Accenture PLC (Ireland) NEW MMM 3M Co PM Philip Morris Intl Inc ADBE Adobe Inc MSFT Microsoft Corp DHR Danaher Corp AAPL Apple Inc BLK Blackrock Inc'A' AMZN Amazon.com Inc INTC Intel Corp HON Honeywell Intl MA Mastercard Inc BRK.B Berkshire Hathaway'B' BKNG Booking Hldgs Inc GOOG Alphabet Inc Cl C Cap Stock ORCL Oracle Corp LOW Lowe's Cos, Inc UPS United Parcel Service Inc GOOGL Alphabet Inc Cl A
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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