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High Correlation Stock Scalps For January 22
By Stock Scalper | Published  01/19/2018 | Stocks | Unrated
High Correlation Stock Scalps For January 22

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).

GOOG Alphabet Inc Cl C Cap Stock
MA Mastercard Inc
INTC Intel Corp
AMGN Amgen Inc
TGT Target Corp
C Citigrp Inc
WMT Wal-Mart Stores
GOOGL Alphabet Inc Cl A
KO Coca-Cola Co
MS Morgan Stanley
MDLZ Mondelez Int'l Inc Cl A
BAC Bank of America Corporation

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