Which stocks are most correlated to the S&P 500? Click for the whole list.
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).
DHR Danaher Corp
OXY Occidental Petro Corp
GM General Motors Co
NKE Nike Inc Cl B
SBUX Starbucks Corp
HD Home Depot Inc
LOW Lowe's Cos, Inc
MSFT Microsoft Corp
GOOGL Alphabet Inc Cl A
INTC Intel Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.