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).

ORCL Oracle Corp
BIIB Biogen Inc
COST Costco Wholesale Corp
AMGN Amgen Inc
CELG Celgene Corp
GM General Motors Co
CVS CVS Health Corp
COP ConocoPhillips
PFE Pfizer Inc
CAT Caterpillar Inc
GE General Electric Co
OXY Occidental Petro
SPG Simon Ppty Grp
CSCO Cisco Systems
FDX FedEx Corp
CVX Chevron Corporation
CMCSA Comcast Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.