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High Correlation Stock Scalps For August 30
http://www.tigersharktrading.com/articles/42764/1/High-Correlation-Stock-Scalps-For-August-30/Page1.html
By Stock Scalper
Published on 08/27/2021
 

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


High Correlation Stock Scalps For August 30

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).

XOM Exxon Mobil
DIS Disney (Walt) Co
AIG Amer Intl Grp
KMI Kinder Morgan Inc
FB Facebook Inc
COP ConocoPhillips
OXY Occidental Petro Corp
INTC Intel Corp
CVX Chevron Corporation
F Ford Motor
BA Boeing Co
GOOG Alphabet Inc Cl C Cap Stock
ADBE Adobe Inc
GOOGL Alphabet Inc Cl A
MET Metlife Inc
BRK.B Berkshire Hathaway'B'
GM General Motors Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.