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High Correlation Stock Scalps For April 11
http://www.tigersharktrading.com/articles/32441/1/High-Correlation-Stock-Scalps-For-April-11/Page1.html
By Stock Scalper
Published on 04/8/2016
 

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


High Correlation Stock Scalps For April 11

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).

CSCO Cisco Systems
MSFT Microsoft Corp
GM General Motors Co
WFC Wells Fargo
JPM JPMorgan Chase & Co
HON Honeywell Intl
AIG Amer Intl Grp
BAC Bank of America Corporation
ALL Allstate Corp
AAPL Apple Inc
MET Metlife Inc
GOOG Alphabet Inc Cl C Cap Stock
USB US Bancorp
C Citigrp Inc
MS Morgan Stanley

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.