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
MA Mastercard Inc
EMR Emerson Electric Co
MDT Medtronic plc
WFC Wells Fargo
BRK.B Berkshire Hathaway'B'
FDX FedEx Corp
AXP American Express Co
UNH UnitedHealth Grp Inc
TXN Texas Instruments
ABT Abbott Laboratories
COST Costco Wholesale Corp
LMT Lockheed Martin Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.