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High Correlation Stock Scalps For January 23
http://www.tigersharktrading.com/articles/29959/1/High-Correlation-Stock-Scalps-For-January-23/Page1.html
By Stock Scalper
Published on 01/22/2015
 

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


High Correlation Stock Scalps For January 23

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).

MMM 3M Co
UPS United Parcel'B'
LMT Lockheed Martin
WFC Wells Fargo
UNH UnitedHealth Grp Inc
NSC Norfolk Southern
GOOGL Google Inc Cl A
PEP Pepsico Inc
GOOG Google Inc Cl C Cap Stock
KO Coca-Cola Co
JPM JPMorgan Chase & Co
BA Boeing Co
UTX United Technologies
MDLZ Mondelez Int'l Inc Cl A
USB US Bancorp
SBUX Starbucks Corp
HD Home Depot Inc
TXN Texas Instruments
AMZN Amazon.com Inc
PM Philip Morris Intl Inc
MET Metlife Inc
GD General Dynamics Corp
MDT Medtronic, Inc
GE General Electric
DD Dupont(E.I.)Denemours
COP ConocoPhillips
CVX Chevron Corporation
NKE Nike, Inc'B'
AAPL Apple Inc
DOW Dow Chemical
C Citigrp Inc
MO Altria Grp
HPQ Hewlett-Packard
FDX FedEx Corp
BK Bank of New York Mellon Corp
HON Honeywell Intl
MON Monsanto Co
XOM Exxon Mobil
ALL Allstate Corp
APC Anadarko Petro
EBAY Ebay Inc
BAC Bank of America Corporation
AIG Amer Intl Grp
LOW Lowe's Cos
RTN Raytheon Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.