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High Correlation Stock Scalps For November 28
http://www.tigersharktrading.com/articles/29612/1/High-Correlation-Stock-Scalps-For-November-28/Page1.html
By Stock Scalper
Published on 11/26/2014
 

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


High Correlation Stock Scalps For November 28

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).

UNP Union Pacific Corp
MDT Medtronic, Inc
ACN Accenture PLC (Ireland) NEW
INTC Intel Corp
CSCO Cisco Systems
CMCSA Comcast Cl'A'
HPQ Hewlett-Packard
FB Facebook Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.