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High Correlation Stock Scalps For October 31
http://www.tigersharktrading.com/articles/33638/1/High-Correlation-Stock-Scalps-For-October-31/Page1.html
By Stock Scalper
Published on 10/28/2016
 

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


High Correlation Stock Scalps For October 31

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).

UNH UnitedHealth Grp Inc
AAPL Apple Inc
UNP Union Pacific Corp
HAL Halliburton Co
LOW Lowe's Cos
INTC Intel Corp
MON Monsanto Co
COST Costco Wholesale Corp
COF Cap One Finl
SLB Schlumberger Ltd
KMI Kinder Morgan Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.