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High Correlation Stock Scalps For January 29
By Stock Scalper | Published  01/26/2018 | Stocks | Unrated
High Correlation Stock Scalps For January 29

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
UNH UnitedHealth Grp Inc
WMT Wal-Mart Stores
V Visa Inc
ORCL Oracle Corp
KO Coca-Cola Co
IBM Intl Business Machines Corp
FOX Twenty-First Century Fox Inc B
WBA Walgreen Boots Alliance Inc
MET Metlife Inc
BRK.B Berkshire Hathaway'B'
RTN Raytheon Co

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