High Correlation Stock Scalps For April 4

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By Stock Scalper | Published 04/1/2016 | Stocks | Unrated

High Correlation Stock Scalps For April 4

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).

CSCO Cisco Systems
CL Colgate-Palmolive Co
LMT Lockheed Martin
AAPL Apple Inc
CAT Caterpillar Inc
MSFT Microsoft Corp
BRK.B Berkshire Hathaway'B'
ORCL Oracle Corp
ACN Accenture PLC (Ireland) NEW

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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