|High Correlation Stock Scalps For August 14
|By Stock Scalper |
High Correlation Stock Scalps For August 14
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).
FB Facebook Inc
HPQ HP Inc
C Citigrp Inc
BIIB Biogen Inc
BK Bank of New York Mellon Corp
PYPL PayPal Hldgs Inc
TXN Texas Instruments
CAT Caterpillar Inc
MA Mastercard Inc
FDX FedEx Corp
ACN Accenture PLC (Ireland) NEW
LOW Lowe's Cos
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.