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High Correlation Stock Scalps For June 26
http://www.tigersharktrading.com/articles/34996/1/High-Correlation-Stock-Scalps-For-June-26/Page1.html
By Stock Scalper
Published on 06/23/2017
 

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


High Correlation Stock Scalps For June 26

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).

IBM Intl Business Machines Corp
QCOM Qualcomm Inc
MMM 3M Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.