In your day to day grind there is hardly any time to look at the stocks. The dow and s&p and all these indicators blare at the top of the sirens from various outlets like news and social media and what not. But often times many of these indexes or forumlaes are also trending based on various micro and macro factors. For instance, tech goes up and down based on what say a google or apple reports as earnings. While you may be more interested in say cisco or intel or something more hands on and more you know, in the core of things. Or it must be something that you think that matters like say Fedex or Alcoa or CSX.
The concept of bellweather stocks is nothing novel or new and had existed from the beginning when few consumer stocks were given index weightage and observed as a general trend for the whole market or sector. You may want to include your favorites, the ones that you want to buy or lead you to a market sector among others.
So for me, I created a list of such bellweather stocks and have included a long range rather than just 5 stocks or 10 stocks . I think markets and sectors are way too complex for that. Honestly, someone out there could do a better job to get into granularity of this with various factors baked in. But complexity and simplicity have a way to be only as complex or simple as it gets. Hence I created this list, though by no means it is indicative.
In google finance, create a new portfolio and copy these over:
FDX UPS XOM COP HD LOW CVS WMT TGT COST AAPL GOOG MCD LUV KR WFM RHT WFC BRK.B SBUX COF AXP DIS NFLX VZ T MO DPS KO V MA GE CAT JNJ MRK BMY PFE LLY BA UNH AET ED PEG AEP DUK D SO SRE EXC CMCSA NKE LMT CSX
Thanks and Enjoy!
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