High Correlation Stock Scalps For October 25

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By Stock Scalper | Published 10/24/2013 | Stocks | Unrated

High Correlation Stock Scalps For October 25

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).

DIS Disney (Walt) Co
MA Mastercard Incorporated
AMZN Amazon.com Inc
AXP American Express Company

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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