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High Correlation Stock Scalps For February 20
http://www.tigersharktrading.com/articles/36339/1/High-Correlation-Stock-Scalps-For-February-20/Page1.html
By Stock Scalper
Published on 02/16/2018
 

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


High Correlation Stock Scalps For February 20

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).

ORCL Oracle Corp
MDT Medtronic plc
V Visa Inc
MSFT Microsoft Corp
AAPL Apple Inc
HPQ HP Inc
GS Goldman Sachs Grp
GOOG Alphabet Inc Cl C Cap Stock
IBM Intl Business Machines Corp
LLY Lilly (Eli)
LMT Lockheed Martin Corp
UNP Union Pacific Corp
HON Honeywell Intl
WFC Wells Fargo
BRK.B Berkshire Hathaway'B'
MMM 3M Co
BAC Bank of America Corporation
NSC Norfolk Southern
JPM JPMorgan Chase & Co
FOXA Twenty-First Century Fox Inc A
FDX FedEx Corp
T AT&T Inc
WBA Walgreen Boots Alliance Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.