High Correlation Stock Scalps For October 24

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By Stock Scalper | Published 10/21/2016 | Stocks | Unrated

High Correlation Stock Scalps For October 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).

DD Dupont(E.I.)Denemours
DOW Dow Chemical
KO Coca-Cola Co
PCLN The Priceline Grp Inc
GS Goldman Sachs Grp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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