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
FDX FedEx Corp
PYPL PayPal Hldgs Inc
BK Bank of New York Mellon Corp
GOOG Alphabet Inc Cl C Cap Stock
BAC Bank of America Corporation
WFC Wells Fargo
BRK.B Berkshire Hathaway'B'
TXN Texas Instruments
AAPL Apple Inc
COF Cap One Finl
USB US Bancorp
GOOGL Alphabet Inc Cl A
IBM Intl Business Machines Corp
JPM JPMorgan Chase & Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.