High Correlation Stock Scalps For February 24 |
By Stock Scalper |
Published
02/23/2015
|
Stocks
|
Unrated
|
|
High Correlation Stock Scalps For February 24
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).
FOXA Twenty-First Century Fox Inc A ABT Abbott Laboratories ACN Accenture PLC (Ireland) NEW V Visa Inc BMY Bristol-Myers SQUIBB GM General Motors Co TXN Texas Instruments
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
|