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High Correlation Stock Scalps For July 28
http://www.tigersharktrading.com/articles/28726/1/High-Correlation-Stock-Scalps-For-July-28/Page1.html
By Stock Scalper
Published on 07/25/2014
 

Which stocks are most correlated to the S&P 500? Click for the whole list.


High Correlation Stock Scalps For July 28

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
ACN Accenture PLC (Ireland) NEW
MDT Medtronic, Inc
LOW Lowe's Cos
GS Goldman Sachs Grp
CMCSA Comcast Cl'A'
COP ConocoPhillips
SBUX Starbucks Corp
ALL Allstate Corp
GOOG Google Inc Cl C Cap Stock
GOOGL Google Inc Cl A
MS MS
UNH UnitedHealth Grp Inc
OXY Occidental Petro
APC Anadarko Petro

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.