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High Correlation Stock Scalps For September 30
http://www.tigersharktrading.com/articles/29208/1/High-Correlation-Stock-Scalps-For-September-30/Page1.html
By Stock Scalper
Published on 09/29/2014
 

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


High Correlation Stock Scalps For September 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).

BRK.B Berkshire Hathaway'B'
MSFT Microsoft Corp
CAT Caterpillar Inc
T AT&T Inc
EMR Emerson Electric Co
UPS United Parcel'B'
UTX United Technologies
COF Cap One Finl
IBM Intl Business Machines Corp
ALL Allstate Corp
GOOGL Google Inc Cl A
UNH UnitedHealth Grp Inc
VZ Verizon Communications
HON Honeywell Intl
BAC Bank of America Corporation
DVN Devon Energy
MS MS
AAPL Apple Inc
EMC EMC Corp
DIS Disney (Walt) Co
AXP American Express Co
CMCSA Comcast Cl'A'
CVS CVS Health Corp
SPG Simon Ppty Grp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.