High Correlation Stock Scalps For March 27

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By Stock Scalper | Published 03/26/2014 | Stocks | Unrated

High Correlation Stock Scalps For March 27

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).

AIG Amer Intl Group
AMGN Amgen Inc
RTN Raytheon Co
MDT Medtronic, Inc
WAG Walgreen Co
GILD Gilead Sciences
MDLZ Mondelez Int'l Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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