High Correlation Stock Scalps For August 28

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By Stock Scalper | Published 08/25/2017 | Stocks | Unrated

High Correlation Stock Scalps For August 28

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).

AAPL Apple Inc
UNP Union Pacific Corp
MA Mastercard Inc
HON Honeywell Intl
CELG Celgene Corp
MSFT Microsoft Corp
PYPL PayPal Hldgs Inc
JPM JPMorgan Chase & Co
WBA Walgreen Boots Alliance Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.

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