Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
High Correlation Stock Scalps For October 5
http://www.tigersharktrading.com/articles/31461/1/High-Correlation-Stock-Scalps-For-October-5/Page1.html
By Frugal Trader
Published on 10/2/2015
 

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


High Correlation Stock Scalps For October 5

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).

MA Mastercard Inc
HON Honeywell Intl
DD Dupont(E.I.)Denemours
MSFT Microsoft Corp
LOW Lowe's Cos
OXY Occidental Petro
CMCSA Comcast Cl'A'
GOOG Google Inc Cl C Cap Stock
ORCL Oracle Corp
GOOGL Google Inc Cl A
XOM Exxon Mobil
GE General Electric
AMZN Amazon.com Inc
DIS Disney (Walt) Co
V Visa Inc
CVX Chevron Corporation
CL Colgate-Palmolive Co
ACN Accenture PLC (Ireland) NEW
GD General Dynamics Corp
COP ConocoPhillips
BA Boeing Co
MCD McDonald's Corp
DOW Dow Chemical
UNH UnitedHealth Grp Inc
HPQ Hewlett-Packard
NSC Norfolk Southern
HD Home Depot Inc
MON Monsanto Co
AMGN Amgen Inc
EBAY Ebay Inc
NKE Nike, Inc'B'
APC Anadarko Petro
FB Facebook Inc
DVN Devon Energy
UTX United Technologies

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.