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High Correlation Stock Scalps For July 8
http://www.tigersharktrading.com/articles/28578/1/High-Correlation-Stock-Scalps-For-July-8/Page1.html
By Stock Scalper
Published on 07/7/2014
 

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


High Correlation Stock Scalps For July 8

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).

MA Mastercard Inc
V Visa Inc
AMZN Amazon.com Inc
EMC EMC Corp
MMM 3M Co
HON Honeywell Intl
CVS CVS Caremark Corporation
AMGN Amgen Inc
COF Cap One Financial
UPS United Parcel'B'
BRK.B Berkshire Hathaway'B'
ABBV AbbVie Inc
WFC Wells Fargo
INTC Intel Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.