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High Correlation Stock Scalps For March 30
http://www.tigersharktrading.com/articles/30377/1/High-Correlation-Stock-Scalps-For-March-30/Page1.html
By Stock Scalper
Published on 03/27/2015
 

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


High Correlation Stock Scalps For March 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).

GE General Electric
JPM JPMorgan Chase & Co
UPS United Parcel'B'
TXN Texas Instruments
C Citigrp Inc
COF Cap One Finl
GS Goldman Sachs Grp
MO Altria Grp
USB US Bancorp
TWX Time Warner
VZ Verizon Communications
CL Colgate-Palmolive Co
HON Honeywell Intl
DIS Disney (Walt) Co
MMM 3M Co
MS Morgan Stanley
IBM Intl Business Machines Corp
MET Metlife Inc
UTX United Technologies
BK Bank of New York Mellon Corp
INTC Intel Corp
EMR Emerson Electric Co
MDT Medtronic plc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.