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High Correlation Stock Scalps For April 12
http://www.tigersharktrading.com/articles/42165/1/High-Correlation-Stock-Scalps-For-April-12/Page1.html
By Stock Scalper
Published on 04/9/2021
 

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


High Correlation Stock Scalps For April 12

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).

V Visa Inc
ACN Accenture PLC (Ireland) NEW
MMM 3M Co
PM Philip Morris Intl Inc
ADBE Adobe Inc
MSFT Microsoft Corp
DHR Danaher Corp
AAPL Apple Inc
BLK Blackrock Inc'A'
AMZN Amazon.com Inc
INTC Intel Corp
HON Honeywell Intl
MA Mastercard Inc
BRK.B Berkshire Hathaway'B'
BKNG Booking Hldgs Inc
GOOG Alphabet Inc Cl C Cap Stock
ORCL Oracle Corp
LOW Lowe's Cos, Inc
UPS United Parcel Service Inc
GOOGL Alphabet Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.