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High Correlation Stock Scalps For November 24
http://www.tigersharktrading.com/articles/29584/1/High-Correlation-Stock-Scalps-For-November-24/Page1.html
By Stock Scalper
Published on 11/22/2014
 

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


High Correlation Stock Scalps For November 24

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).

DD Dupont(E.I.)Denemours
TXN Texas Instruments
MON Monsanto Co
GD General Dynamics Corp
EMR Emerson Electric Co
DOW Dow Chemical
AMZN Amazon.com Inc
INTC Intel Corp
OXY Occidental Petro
XOM Exxon Mobil
CSCO Cisco Systems
CL Colgate-Palmolive Co
WFC Wells Fargo
AXP American Express Co
BMY Bristol-Myers SQUIBB
USB US Bancorp
ALL Allstate Corp
COP ConocoPhillips
AIG Amer Intl Grp
BK Bank of New York Mellon Corp
DVN Devon Energy
APA Apache Corp
APC Anadarko Petro
MMM 3M Co
FCX Freeport-McMoRan Inc
AAPL Apple Inc
V Visa Inc
NKE Nike, Inc'B'
MDT Medtronic, Inc
MA Mastercard Inc
PG Procter & Gamble
UPS United Parcel'B'
SLB Schlumberger Ltd

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.