High Correlation Stock Scalps For December 30

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By Stock Scalper | Published 12/29/2014 | Stocks | Unrated

High Correlation Stock Scalps For December 30

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).

T AT&T Inc
CMCSA Comcast Cl'A'
GM General Motors Co
AMZN Amazon.com Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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