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High Correlation Stock Scalps For April 20
http://www.tigersharktrading.com/articles/30491/1/High-Correlation-Stock-Scalps-For-April-20/Page1.html
By Stock Scalper
Published on 04/17/2015
 

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


High Correlation Stock Scalps For April 20

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).

IBM Intl Business Machines Corp
NKE Nike, Inc'B'
GILD Gilead Sciences
BK Bank of New York Mellon Corp
BIIB Biogen Inc
ALL Allstate Corp
MMM 3M Co
ACN Accenture PLC (Ireland) NEW
ABT Abbott Laboratories
UTX United Technologies
VZ Verizon Communications
DD Dupont(E.I.)Denemours
MA Mastercard Inc
CL Colgate-Palmolive Co
LLY Lilly (Eli)
F Ford Motor
PG Procter & Gamble
V Visa Inc
LOW Lowe's Cos
MON Monsanto Co
T AT&T Inc
WFC Wells Fargo
UPS United Parcel'B'
AMZN Amazon.com Inc
PEP Pepsico Inc
AAPL Apple Inc
SBUX Starbucks Corp
BRK.B Berkshire Hathaway'B'
ORCL Oracle Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.