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High Correlation Stock Scalps For December 12
http://www.tigersharktrading.com/articles/33878/1/High-Correlation-Stock-Scalps-For-December-12/Page1.html
By Stock Scalper
Published on 12/9/2016
 

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


High Correlation Stock Scalps For December 12

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).

IBM Intl Business Machines Corp
ACN Accenture PLC (Ireland) NEW
MMM 3M Co
UPS United Parcel'B'
MO Altria Grp
USB US Bancorp
GS Goldman Sachs Grp
ALL Allstate Corp
NSC Norfolk Southern
C Citigrp Inc
GOOGL Alphabet Inc Cl A
PM Philip Morris Intl Inc
AXP American Express Co
GM General Motors Co
DOW Dow Chemical
COST Costco Wholesale Corp
GOOG Alphabet Inc Cl C Cap Stock
JPM JPMorgan Chase & Co
BRK.B Berkshire Hathaway'B'
PG Procter & Gamble Cc
WFC Wells Fargo
HD Home Depot Inc
CSCO Cisco Systems
VZ Verizon Communications
XOM Exxon Mobil
TWX Time Warner
PYPL PayPal Hldgs Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.