High Correlation Stock Scalps For February 20

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By Stock Scalper | Published 02/19/2015 | Stocks | Unrated

High Correlation Stock Scalps For February 20

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).

TXN Texas Instruments
MON Monsanto Co
TWX Time Warner
JNJ Johnson & Johnson
DOW Dow Chemical

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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