High Correlation Stock Scalps For July 1

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By Stock Scalper | Published 06/30/2014 | Stocks | Unrated

High Correlation Stock Scalps For July 1

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).

MA Mastercard Inc
QCOM Qualcomm Inc
TXN Texas Instruments
V Visa Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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