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High Correlation Stock Scalps For June 19
By Stock Scalper | Published  06/16/2017 | Stocks | Unrated
High Correlation Stock Scalps For June 19

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).

GOOG Alphabet Inc Cl C Cap Stock
GOOGL Alphabet Inc Cl A
MSFT Microsoft Corp
MDLZ Mondelez Int'l Inc Cl A
WMT Wal-Mart Stores
V Visa Inc
AMGN Amgen Inc
CSCO Cisco Systems
INTC Intel Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.