High Correlation Stock Scalps For May 15

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By Stock Scalper | Published 05/12/2017 | Stocks | Unrated

High Correlation Stock Scalps For May 15

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).

AXP American Express Co
COF Cap One Finl
GS Goldman Sachs Grp
GE General Electric Co
MMM 3M Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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