|High Correlation Stock Scalps For September 18
|By Stock Scalper |
High Correlation Stock Scalps For September 18
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).
USB US Bancorp
CVS CVS Health Corp
FB Facebook Inc
WBA Walgreen Boots Alliance Inc
MSFT Microsoft Corp
MDLZ Mondelez Int'l Inc Cl A
UNH UnitedHealth Grp Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.