|High Correlation Stock Scalps For September 25
|By Stock Scalper |
High Correlation Stock Scalps For September 25
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).
MSFT Microsoft Corp
CVS CVS Health Corp
AAPL Apple Inc
BIIB Biogen Inc
WBA Walgreen Boots Alliance Inc
AMGN Amgen Inc
COST Costco Wholesale Corp
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.