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).

ACN Accenture PLC (Ireland) NEW
EMR Emerson Electric Co
USB US Bancorp
AIG Amer Intl Grp
GM General Motors Co
MDT Medtronic plc
MRK Merck & Co
AMGN Amgen Inc
GOOGL Alphabet Inc Cl A
WFC Wells Fargo
GOOG Alphabet Inc Cl C Cap Stock
PCLN The Priceline Grp Inc
HPQ HP Inc
MSFT Microsoft Corp
JPM JPMorgan Chase & Co
F Ford Motor
MET Metlife Inc
BAC Bank of America Corporation
BK Bank of New York Mellon Corp
C Citigrp Inc
GILD Gilead Sciences
MS Morgan Stanley
AAPL Apple Inc
FDX FedEx Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.