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High Correlation Stock Scalps For October 30
http://www.tigersharktrading.com/articles/29417/1/High-Correlation-Stock-Scalps-For-October-30/Page1.html
By Stock Scalper
Published on 10/29/2014
 

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


High Correlation Stock Scalps For October 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).

UTX United Technologies
CSCO Cisco Systems
AXP American Express Co
EMR Emerson Electric Co
INTC Intel Corp
FOXA Twenty-First Century Fox Inc A
DIS Disney (Walt) Co
SPG Simon Ppty Grp
NSC Norfolk Southern
JPM JPMorgan Chase & Co
QCOM Qualcomm Inc
LMT Lockheed Martin
TXN Texas Instruments
BA Boeing Co
MA Mastercard Inc
SBUX Starbucks Corp
HD Home Depot Inc
MMM 3M Co
AIG Amer Intl Grp
HON Honeywell Intl
T AT&T Inc
LOW Lowe's Cos
BRK.B Berkshire Hathaway'B'
VZ Verizon Communications
ACN Accenture PLC (Ireland) NEW
NKE Nike, Inc'B'
HPQ Hewlett-Packard
UNP Union Pacific Corp
BAX Baxter Intl
IBM Intl Business Machines Corp
MDLZ Mondelez Int'l Inc Cl A
WAG Walgreen Co
EMC EMC Corp
CVS CVS Health Corp
UNH UnitedHealth Grp Inc
FDX FedEx Corp
UPS United Parcel'B'
CAT Caterpillar Inc
GOOG Google Inc Cl C Cap Stock
CMCSA Comcast Cl'A'
GOOGL Google Inc Cl A
BMY Bristol-Myers SQUIBB
V Visa Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.