High Correlation Stock Scalps For June 23

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By Stock Scalper | Published 06/20/2014 | Stocks | Unrated

High Correlation Stock Scalps For June 23

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).

MMM 3M Co
GD General Dynamics Corp
UTX United Technologies

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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