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High Correlation Stock Scalps For November 7
http://www.tigersharktrading.com/articles/33684/1/High-Correlation-Stock-Scalps-For-November-7/Page1.html
By Stock Scalper
Published on 11/4/2016
 

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


High Correlation Stock Scalps For November 7

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).

V Visa Inc
MSFT Microsoft Corp
GOOGL Alphabet Inc Cl A
GOOG Alphabet Inc Cl C Cap Stock
AAPL Apple Inc
PCLN The Priceline Grp Inc
QCOM Qualcomm Inc
CSCO Cisco Systems
BA Boeing Co
FB Facebook Inc
INTC Intel Corp
TWX Time Warner
UTX United Technologies
BIIB Biogen Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.