High Correlation Stock Scalps For September 24

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By Stock Scalper | Published 09/23/2013 | Stocks | Unrated

High Correlation Stock Scalps For September 24

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).

KO Coca-Cola Co
F Ford Motor
LMT Lockheed Martin
SBUX Starbucks Corp
TXN Texas Instruments
GS Goldman Sachs Group
EMC EMC Corp
GILD Gilead Sciences
NKE Nike, Inc'B'

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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