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).

MMM 3M Co
WFC Wells Fargo
GS Goldman Sachs Grp
USB US Bancorp
CMCSA Comcast Cl'A'
PM Philip Morris Intl Inc
BK Bank of New York Mellon Corp
GM General Motors Co
MS MS
ABT Abbott Laboratories
TXN Texas Instruments
EXC Exelon Corp
NKE Nike, Inc'B'
BRK.B Berkshire Hathaway'B'
DOW Dow Chemical
CVS CVS Health Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.