High Correlation Stock Scalps For January 30

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By Stock Scalper | Published 01/27/2017 | Stocks | Unrated

High Correlation Stock Scalps For January 30

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).

TXN Texas Instruments
BA Boeing Co
WFC Wells Fargo
MS Morgan Stanley
GE General Electric Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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