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High Correlation Stock Scalps For September 26
http://www.tigersharktrading.com/articles/33430/1/High-Correlation-Stock-Scalps-For-September-26/Page1.html
By Stock Scalper
Published on 09/23/2016
 

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


High Correlation Stock Scalps For September 26

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).

GM General Motors Co
COF Cap One Finl
FOXA Twenty-First Century Fox Inc A
HPQ HP Inc
FOX Twenty-First Century Fox Inc B
CVX Chevron Corporation
PYPL PayPal Hldgs Inc
CELG Celgene Corp
AIG Amer Intl Grp
COP ConocoPhillips
UNP Union Pacific Corp
CAT Caterpillar Inc
JPM JPMorgan Chase & Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.