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High Correlation Stock Scalps For September 2
By Stock Scalper | Published  08/29/2014 | Stocks | Unrated
High Correlation Stock Scalps For September 2

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).

AIG Amer Intl Grp
JNJ Johnson & Johnson
USB US Bancorp
ACN Accenture PLC (Ireland) NEW
MS MS
WFC Wells Fargo
BRK.B Berkshire Hathaway'B'
CSCO Cisco Systems
IBM Intl Business Machines Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.