Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
High Correlation Stock Scalps For July 31
By Stock Scalper
Published on 07/28/2017

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

High Correlation Stock Scalps For July 31

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
ORCL Oracle Corp
ACN Accenture PLC (Ireland) NEW
CMCSA Comcast Cl A
TXN Texas Instruments
AGN Allergan plc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.