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High Correlation Stock Scalps For January 3
http://www.tigersharktrading.com/articles/33978/1/High-Correlation-Stock-Scalps-For-January-3/Page1.html
By Stock Scalper
Published on 12/30/2016
 

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


High Correlation Stock Scalps For January 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).

QCOM Qualcomm Inc
EMR Emerson Electric Co
GOOG Alphabet Inc Cl C Cap Stock
TGT Target Corp
AIG Amer Intl Grp
WBA Walgreen Boots Alliance Inc
GOOGL Alphabet Inc Cl A
COP ConocoPhillips
CSCO Cisco Systems
UNH UnitedHealth Grp Inc
COST Costco Wholesale Corp
GE General Electric Co
F Ford Motor
UNP Union Pacific Corp
UPS United Parcel'B'
HPQ HP Inc
GM General Motors Co
APC Anadarko Petro
SLB Schlumberger Ltd
TXN Texas Instruments
KMI Kinder Morgan Inc
SBUX Starbucks Corp
WMT Wal-Mart Stores
PCLN The Priceline Grp Inc
OXY Occidental Petro
FDX FedEx Corp
MDLZ Mondelez Int'l Inc Cl A
BA Boeing Co
ORCL Oracle Corp
GD General Dynamics Corp
XOM Exxon Mobil
UTX United Technologies
LOW Lowe's Cos

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.