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
GS Goldman Sachs Grp
WFC Wells Fargo
UNH UnitedHealth Grp Inc
CVS CVS Health Corp
NKE Nike, Inc'B'
PEP Pepsico Inc
HD Home Depot Inc
ALL Allstate Corp
LOW Lowe's Cos
GE General Electric
TXN Texas Instruments
APA Apache Corp
SO Southern Co Inc
HAL Halliburton Co
MS MS
APC Anadarko Petro
SPG Simon Ppty Grp
ACN Accenture PLC (Ireland) NEW

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.