High Correlation Stock Scalps For August 5 |
By Stock Scalper |
Published
08/2/2013
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Stocks
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Unrated
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High Correlation Stock Scalps For August 5
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).
MET Metlife Inc JPM JPMorgan Chase & Co LOW Lowe's Cos MCD McDonald's Corp HAL Halliburton Co CAT Caterpillar Inc CVS CVS Caremark Corporation
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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