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High Correlation Stock Scalps For September 3
http://www.tigersharktrading.com/articles/29009/1/High-Correlation-Stock-Scalps-For-September-3/Page1.html
By Stock Scalper
Published on 09/2/2014
 

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


High Correlation Stock Scalps For September 3

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).

AXP American Express Co
GM General Motors Co
WFC Wells Fargo
USB US Bancorp
APC Anadarko Petro
CSCO Cisco Systems
MDT Medtronic, Inc
EMC EMC Corp
RTN Raytheon Co
ACN Accenture PLC (Ireland) NEW
KO Coca-Cola Co
AIG Amer Intl Grp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.