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High Correlation Stock Scalps For June 14
http://www.tigersharktrading.com/articles/42440/1/High-Correlation-Stock-Scalps-For-June-14/Page1.html
By Stock Scalper
Published on 06/11/2021
 

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


High Correlation Stock Scalps For June 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).

MCD McDonald's Corp
SBUX Starbucks Corp
CHTR Charter Communications Inc
DHR Danaher Corp
INTC Intel Corp
ACN Accenture PLC (Ireland) NEW
KMI Kinder Morgan Inc
T AT&T Inc
VZ Verizon Communications
ADBE Adobe Inc
MSFT Microsoft Corp
PYPL PayPal Hldgs Inc
V Visa Inc
WBA Walgreen Boots Alliance Inc
NEE NextEra Energy Inc
CSCO Cisco Systems
GOOGL Alphabet Inc Cl A
QCOM Qualcomm Inc
MRK Merck & Co
COST Costco Wholesale Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.