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High Correlation Stock Scalps For October 3
http://www.tigersharktrading.com/articles/33477/1/High-Correlation-Stock-Scalps-For-October-3/Page1.html
By Stock Scalper
Published on 09/30/2016
 

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


High Correlation Stock Scalps For October 3

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).

AIG Amer Intl Grp
MET Metlife Inc
MS Morgan Stanley
C Citigrp Inc
UNP Union Pacific Corp
BAC Bank of America Corporation
TWX Time Warner
MDLZ Mondelez Int'l Inc Cl A
JPM JPMorgan Chase & Co
AMZN Amazon.com Inc
CVX Chevron Corporation

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.