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High Correlation Stock Scalps For October 23
http://www.tigersharktrading.com/articles/29369/1/High-Correlation-Stock-Scalps-For-October-23/Page1.html
By Stock Scalper
Published on 10/22/2014
 

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


High Correlation Stock Scalps For October 23

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).

MET Metlife Inc
HD Home Depot Inc
JPM JPMorgan Chase & Co
DIS Disney (Walt) Co
NKE Nike, Inc'B'
QCOM Qualcomm Inc
V Visa Inc
WFC Wells Fargo
DD Dupont(E.I.)Denemours
T AT&T Inc
MMM 3M Co
DOW Dow Chemical
AIG Amer Intl Grp
XOM Exxon Mobil
ALL Allstate Corp
LOW Lowe's Cos
UNH UnitedHealth Grp Inc
ABT Abbott Laboratories
USB US Bancorp
EBAY Ebay Inc
MA Mastercard Inc
C Citigrp Inc
UPS United Parcel'B'
FB Facebook Inc
MON Monsanto Co
CVX Chevron Corporation
INTC Intel Corp
FDX FedEx Corp
COP ConocoPhillips
DVN Devon Energy
BRK.B Berkshire Hathaway'B'
HON Honeywell Intl
BAC Bank of America Corporation
MO Altria Grp
VZ Verizon Communications
GE General Electric
AMZN Amazon.com Inc
CMCSA Comcast Cl'A'
AXP American Express Co
HAL Halliburton Co
FCX Freeport-McMoRan Inc
OXY Occidental Petro
ACN Accenture PLC (Ireland) NEW
EXC Exelon Corp
RTN Raytheon Co
SLB Schlumberger Ltd
MDT Medtronic, Inc
BK Bank of New York Mellon Corp
MS MS
GS Goldman Sachs Grp
UNP Union Pacific Corp
TGT Target Corp
EMR Emerson Electric Co
WAG Walgreen Co
APC Anadarko Petro
F Ford Motor
NOV National Oilwell Varco Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.