High Correlation Stock Scalps For April 25 |
By Stock Scalper |
Published
04/24/2014
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Stocks
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Unrated
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High Correlation Stock Scalps For April 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).
MRK Merck & Co FDX FedEx Corp MS Morgan Stanley
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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