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High Correlation Stock Scalps For December 14
http://www.tigersharktrading.com/articles/41698/1/High-Correlation-Stock-Scalps-For-December-14/Page1.html
By Stock Scalper
Published on 12/11/2020
 

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


High Correlation Stock Scalps For December 14

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).
ACN Accenture PLC (Ireland) NEW
BLK Blackrock Inc'A'
TXN Texas Instruments
AMZN Amazon.com Inc
GOOG Alphabet Inc Cl C Cap Stock
V Visa Inc
GOOGL Alphabet Inc Cl A
FDX FedEx Corp
FB Facebook Inc
JPM JPMorgan Chase & Co
AXP American Express Co
PG Procter & Gamble Co
MDLZ Mondelez Int'l Inc Cl A
CL Colgate-Palmolive Co
UNH UnitedHealth Grp Inc
MA Mastercard Inc
AAPL Apple Inc
WMT Walmart Inc
BA Boeing Co
MSFT Microsoft Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.