High Correlation Stock Scalps For July 15

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By Stock Scalper | Published 07/14/2014 | Stocks | Unrated

High Correlation Stock Scalps For July 15

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).

JPM JPMorgan Chase & Co
C Citigroup Inc
NSC Norfolk Southern
BA Boeing Co
FDX FedEx Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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