High Correlation Stock Scalps For April 4

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By Stock Scalper | Published 04/3/2014 | Stocks | Unrated

High Correlation Stock Scalps For April 4

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
DD Dupont(E.I.)Denemours
TXN Texas Instruments
DOW Dow Chemical
RTN Raytheon Co
AAPL Apple Inc
MDLZ Mondelez Int'l Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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