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High Correlation Stock Scalps For November 13
http://www.tigersharktrading.com/articles/35821/1/High-Correlation-Stock-Scalps-For-November-13/Page1.html
By Stock Scalper
Published on 11/10/2017
 

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


High Correlation Stock Scalps For November 13

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
TXN Texas Instruments
BK Bank of New York Mellon Corp
ORCL Oracle Corp
CSCO Cisco Systems
HPQ HP Inc
BRK.B Berkshire Hathaway'B'
MA Mastercard Inc
PFE Pfizer Inc
V Visa Inc
GOOGL Alphabet Inc Cl A
EMR Emerson Electric Co
ALL Allstate Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.