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High Correlation Stock Scalps For October 9
http://www.tigersharktrading.com/articles/35602/1/High-Correlation-Stock-Scalps-For-October-9/Page1.html
By Stock Scalper
Published on 10/6/2017
 

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


High Correlation Stock Scalps For October 9

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).

ABT Abbott Laboratories
C Citigrp Inc
BK Bank of New York Mellon Corp
BAC Bank of America Corporation
COF Cap One Finl
MDT Medtronic plc
MET Metlife Inc
ALL Allstate Corp
MS Morgan Stanley
BRK.B Berkshire Hathaway'B'
MA Mastercard Inc
AIG Amer Intl Grp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.