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High Correlation Stock Scalps For July 20
http://www.tigersharktrading.com/articles/31033/1/High-Correlation-Stock-Scalps-For-July-20/Page1.html
By Stock Scalper
Published on 07/19/2015
 

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


High Correlation Stock Scalps For July 20

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).

GD General Dynamics Corp
MDT Medtronic plc
AMGN Amgen Inc
LMT Lockheed Martin
V Visa Inc
AAPL Apple Inc
MS Morgan Stanley
AMZN Amazon.com Inc
EBAY Ebay Inc
AXP American Express Co
GOOG Google Inc Cl C Cap Stock

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.