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High Correlation Stock Scalps For January 2
By Stock Scalper | Published  12/29/2017 | Stocks | Unrated
High Correlation Stock Scalps For January 2

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).

AXP American Express Co
BRK.B Berkshire Hathaway'B'
AIG Amer Intl Grp
MRK Merck & Co
SBUX Starbucks Corp
JPM JPMorgan Chase & Co
UNH UnitedHealth Grp Inc
TXN Texas Instruments
UTX United Technologies
IBM Intl Business Machines Corp
MET Metlife Inc

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