High Correlation Stock Scalps For June 25

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By Stock Scalper | Published 06/24/2014 | Stocks | Unrated

High Correlation Stock Scalps For June 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).

UNP Union Pacific Corp
QCOM Qualcomm Inc
AIG Amer Intl Group
GS Goldman Sachs Group
AXP American Express Company

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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