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High Correlation Stock Scalps For August 15
http://www.tigersharktrading.com/articles/28878/1/High-Correlation-Stock-Scalps-For-August-15/Page1.html
By Stock Scalper
Published on 08/14/2014
 

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


High Correlation Stock Scalps For August 15

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).

UNP Union Pacific Corp
EMC EMC Corp
MMM 3M Co
TXN Texas Instruments
CMCSA Comcast Cl'A'
NSC Norfolk Southern
KO Coca-Cola Co
C Citigrp Inc
AAPL Apple Inc
JNJ Johnson & Johnson
V Visa Inc
ABBV AbbVie Inc
LMT Lockheed Martin
MRK Merck & Co
HD Home Depot Inc
MO Altria Grp
BRK.B Berkshire Hathaway'B'
LOW Lowe's Cos
T AT&T Inc
MET Metlife Inc
GILD Gilead Sciences
TWX Time Warner
PG Procter & Gamble
AMZN Amazon.com Inc
ALL Allstate Corp
IBM Intl Business Machines Corp
FOXA Twenty-First Century Fox Inc A
VZ Verizon Communications
ACN Accenture PLC (Ireland) NEW
PFE Pfizer Inc
HPQ Hewlett-Packard
AMGN Amgen Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.