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High Correlation Stock Scalps For August 29
http://www.tigersharktrading.com/articles/33271/1/High-Correlation-Stock-Scalps-For-August-29/Page1.html
By Stock Scalper
Published on 08/26/2016
 

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


High Correlation Stock Scalps For August 29

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).

CAT Caterpillar Inc
AXP American Express Co
AAPL Apple Inc
TWX Time Warner
DIS Disney (Walt) Co
KMI Kinder Morgan Inc
BRK.B Berkshire Hathaway'B'
LLY Lilly (Eli)
SLB Schlumberger Ltd
UNP Union Pacific Corp
PM Philip Morris Intl Inc
GOOGL Alphabet Inc Cl A
CELG Celgene Corp
FDX FedEx Corp
GOOG Alphabet Inc Cl C Cap Stock
BMY Bristol-Myers SQUIBB
BIIB Biogen Inc
TXN Texas Instruments
GM General Motors Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.