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High Correlation Stock Scalps For May 22
By Stock Scalper | Published  05/19/2017 | Stocks | Unrated
High Correlation Stock Scalps For May 22

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).

USB US Bancorp
MET Metlife Inc
AXP American Express Co
MS Morgan Stanley
FDX FedEx Corp
F Ford Motor
JPM JPMorgan Chase & Co
BK Bank of New York Mellon Corp
TWX Time Warner
LOW Lowe's Cos
MDT Medtronic plc
HON Honeywell Intl
COF Cap One Finl
TXN Texas Instruments
GM General Motors Co
BRK.B Berkshire Hathaway'B'
GE General Electric Co
C Citigrp Inc
UPS United Parcel'B'
UTX United Technologies
T AT&T Inc
WFC Wells Fargo
GD General Dynamics Corp
LMT Lockheed Martin Corp
MDLZ Mondelez Int'l Inc Cl A
CAT Caterpillar Inc

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