High Correlation Stock Scalps For February 27

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By Stock Scalper | Published 02/24/2017 | Stocks | Unrated

High Correlation Stock Scalps For February 27

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
QCOM Qualcomm Inc
AAPL Apple Inc
HON Honeywell Intl

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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