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High Correlation Stock Scalps For July 3
By Stock Scalper | Published  06/30/2017 | Stocks | Unrated
High Correlation Stock Scalps For July 3

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).

INTC Intel Corp
AAPL Apple Inc
HON Honeywell Intl
RTN Raytheon Co
QCOM Qualcomm Inc
LMT Lockheed Martin Corp
TXN Texas Instruments
GD General Dynamics Corp
CMCSA Comcast Cl A
MDT Medtronic plc
MSFT Microsoft Corp
ORCL Oracle Corp

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