High Correlation Stock Scalps For June 8

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By Stock Scalper | Published 06/5/2015 | Stocks | Unrated

High Correlation Stock Scalps For June 8

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).

MSFT Microsoft Corp
V Visa Inc
AAPL Apple Inc
HON Honeywell Intl
DIS Disney (Walt) Co
XOM Exxon Mobil
TXN Texas Instruments
FOXA Twenty-First Century Fox Inc A
AMZN Amazon.com Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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