High Correlation Stock Scalps For August 30 |
By Stock Scalper |
Published
08/27/2021
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Stocks
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Unrated
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High Correlation Stock Scalps For August 30
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).
XOM Exxon Mobil DIS Disney (Walt) Co AIG Amer Intl Grp KMI Kinder Morgan Inc FB Facebook Inc COP ConocoPhillips OXY Occidental Petro Corp INTC Intel Corp CVX Chevron Corporation F Ford Motor BA Boeing Co GOOG Alphabet Inc Cl C Cap Stock ADBE Adobe Inc GOOGL Alphabet Inc Cl A MET Metlife Inc BRK.B Berkshire Hathaway'B' GM General Motors Co
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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