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).

COF Cap One Finl
USB US Bancorp
BK Bank of New York Mellon Corp
MDLZ Mondelez Int'l Inc Cl A
FDX FedEx Corp
AIG Amer Intl Grp
BAC Bank of America Corporation
EBAY Ebay Inc
BA Boeing Co
MA Mastercard Inc
GOOGL Alphabet Inc Cl A
JPM JPMorgan Chase & Co
WFC Wells Fargo
V Visa Inc
GD General Dynamics Corp
BRK.B Berkshire Hathaway'B'
COST Costco Wholesale Corp
CMCSA Comcast Cl A
C Citigrp Inc
ORCL Oracle Corp
GS Goldman Sachs Grp
UTX United Technologies
VZ Verizon Communications
MSFT Microsoft Corp
FB Facebook Inc
SLB Schlumberger Ltd
HPQ HP Inc
MS Morgan Stanley
HON Honeywell Intl
AMZN Amazon.com Inc
PM Philip Morris Intl Inc
IBM Intl Business Machines Corp
PEP Pepsico Inc
DOW Dow Chemical
PFE Pfizer Inc
GM General Motors Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.