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High Correlation Stock Scalps For November 21
http://www.tigersharktrading.com/articles/33763/1/High-Correlation-Stock-Scalps-For-November-21/Page1.html
By Stock Scalper
Published on 11/18/2016
 

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


High Correlation Stock Scalps For November 21

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).

MSFT Microsoft Corp
AMZN Amazon.com Inc
T AT&T Inc
VZ Verizon Communications
MO Altria Grp
V Visa Inc
MDT Medtronic plc
PM Philip Morris Intl Inc
PCLN The Priceline Grp Inc
ORCL Oracle Corp
IBM Intl Business Machines Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.