High Correlation Stock Scalps For July 18

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By Stock Scalper | Published 07/17/2016 | Stocks | Unrated

High Correlation Stock Scalps For July 18

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).

C Citigrp Inc
MS Morgan Stanley
FDX FedEx Corp
MA Mastercard Inc
BAC Bank of America Corporation
V Visa Inc
MCD McDonald's Corp
UNP Union Pacific Corp
USB US Bancorp
GD General Dynamics Corp
OXY Occidental Petro
T AT&T Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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