Categories
Search
 

Web

TigerShark
Popular Authors
  1. Dave Mecklenburg
  2. Momentum Trader
  3. Candlestick Trader
  4. Stock Scalper
  5. Pullback Trader
  6. Breakout Trader
  7. Reversal Trader
  8. Mean Reversion Trader
  9. Frugal Trader
  10. Swing Trader
  11. Canslim Investor
  12. Dog Investor
  13. Dave Landry
  14. Art Collins
  15. Lawrence G. McMillan
No popular authors found.
Website Info
 Free Festival of Traders Videos
Article Options
Popular Articles
  1. A 10-Day Trading System
  2. Use the Right Technical Tools When You Trade
  3. Which Stock Trading Theory Works?
  4. Conquer the Four Fears
  5. Advantages and Disadvantages of Different Trading Systems
No popular articles found.
High Correlation Stock Scalps For May 3
By Stock Scalper | Published  04/30/2021 | Stocks | Unrated
High Correlation Stock Scalps For May 3

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).

DD DuPont de Nemours Inc
ACN Accenture PLC (Ireland) NEW
BLK Blackrock Inc'A'
QCOM Qualcomm Inc
IBM Intl Business Machines Corp
DOW Dow Inc
KO Coca-Cola Co
ALL Allstate Corp
WFC Wells Fargo & Company
UNH UnitedHealth Grp Inc
GS Goldman Sachs Grp
BRK.B Berkshire Hathaway'B'
MS Morgan Stanley

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.