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High Correlation Stock Scalps For April 7
http://www.tigersharktrading.com/articles/27894/1/High-Correlation-Stock-Scalps-For-April-7/Page1.html
By Stock Scalper
Published on 04/4/2014
 

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


High Correlation Stock Scalps For April 7

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).

EMC EMC Corp
MET Metlife Inc
DD Dupont(E.I.)Denemours
GD General Dynamics Corp
GS Goldman Sachs Group
DOW Dow Chemical
RTN Raytheon Co
HPQ Hewlett-Packard
DIS Disney (Walt) Co
QCOM Qualcomm Inc
LMT Lockheed Martin
GILD Gilead Sciences
TXN Texas Instruments
FDX FedEx Corp
CSCO Cisco Systems
UTX United Technologies
F Ford Motor
EMR Emerson Electric Co
ABBV AbbVie Inc
NKE Nike, Inc'B'
TWX Time Warner
HAL Halliburton Co
HD Home Depot Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.