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High Correlation Stock Scalps For January 25
http://www.tigersharktrading.com/articles/41851/1/High-Correlation-Stock-Scalps-For-January-25/Page1.html
By Stock Scalper
Published on 01/22/2021
 

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


High Correlation Stock Scalps For January 25

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). 

GOOGL Alphabet Inc Cl A
GOOG Alphabet Inc Cl C Cap Stock
MSFT Microsoft Corp
KHC The Kraft Heinz Company
NFLX Netflix Inc
EMR Emerson Electric Co
AMGN Amgen Inc
AMZN Amazon.com Inc
MO Altria Grp
CHTR Charter Communications Inc
NEE NextEra Energy Inc
MA Mastercard Inc
BLK Blackrock Inc'A'
FB Facebook Inc
SBUX Starbucks Corp
ADBE Adobe Inc
MCD McDonald's Corp
ABT Abbott Laboratories
F Ford Motor
ALL Allstate Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.