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High Correlation Stock Scalps For January 4
http://www.tigersharktrading.com/articles/31906/1/High-Correlation-Stock-Scalps-For-January-4/Page1.html
By Stock Scalper
Published on 12/31/2015
 

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


High Correlation Stock Scalps For January 4

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
WFC Wells Fargo
GS Goldman Sachs Grp
JPM JPMorgan Chase & Co
CSCO Cisco Systems
TGT Target Corp
PEP Pepsico Inc
V Visa Inc
PM Philip Morris Intl Inc
UNH UnitedHealth Grp Inc
INTC Intel Corp
MCD McDonald's Corp
UPS United Parcel'B'
MSFT Microsoft Corp
HON Honeywell Intl
MMM 3M Co
EBAY Ebay Inc
PG Procter & Gamble
JNJ Johnson & Johnson
SBUX Starbucks Corp
IBM Intl Business Machines Corp
MO Altria Grp
MRK Merck & Co
CL Colgate-Palmolive Co
ORCL Oracle Corp
ALL Allstate Corp
ABT Abbott Laboratories
C Citigrp Inc
AXP American Express Co
CVS CVS Health Corp
COF Cap One Finl
LOW Lowe's Cos
MDT Medtronic plc
MS Morgan Stanley
MET Metlife Inc
AMGN Amgen Inc
MDLZ Mondelez Int'l Inc Cl A
BMY Bristol-Myers SQUIBB
BA Boeing Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.