Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
High Correlation Stock Scalps For June 27
http://www.tigersharktrading.com/articles/32900/1/High-Correlation-Stock-Scalps-For-June-27/Page1.html
By Stock Scalper
Published on 06/24/2016
 

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


High Correlation Stock Scalps For June 27

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).

MET Metlife Inc
BK Bank of New York Mellon Corp
AIG Amer Intl Grp
CAT Caterpillar Inc
DOW Dow Chemical
JPM JPMorgan Chase & Co
CSCO Cisco Systems
C Citigrp Inc
USB US Bancorp
TXN Texas Instruments
GE General Electric Co
PCLN The Priceline Grp Inc
GS Goldman Sachs Grp
MA Mastercard Inc
BA Boeing Co
BAC Bank of America Corporation
COF Cap One Finl
SBUX Starbucks Corp
MDLZ Mondelez Int'l Inc Cl A
AXP American Express Co
CL Colgate-Palmolive Co
EMC EMC Corp
FOXA Twenty-First Century Fox Inc A
UNP Union Pacific Corp
IBM Intl Business Machines Corp
TWX Time Warner
UTX United Technologies
FOX Twenty-First Century Fox Inc B
INTC Intel Corp
MS Morgan Stanley
GM General Motors Co
PM Philip Morris Intl Inc
QCOM Qualcomm Inc
F Ford Motor
NSC Norfolk Southern
AMZN Amazon.com Inc
HON Honeywell Intl
DD Dupont(E.I.)Denemours
EMR Emerson Electric Co
UPS United Parcel'B'
MMM 3M Co
AMGN Amgen Inc
MON Monsanto Co
DVN Devon Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.