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High Correlation Stock Scalps For May 8
http://www.tigersharktrading.com/articles/34711/1/High-Correlation-Stock-Scalps-For-May-8/Page1.html
By Stock Scalper
Published on 05/5/2017
 

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


High Correlation Stock Scalps For May 8

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).

ACN Accenture PLC (Ireland) NEW
DD Dupont(E.I.)Denemours
LMT Lockheed Martin Corp
GD General Dynamics Corp
PM Philip Morris Intl Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.