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).

INTC Intel Corp
CMCSA Comcast Cl A
GOOGL Alphabet Inc Cl A
GOOG Alphabet Inc Cl C Cap Stock
PYPL PayPal Hldgs Inc
USB US Bancorp
COST Costco Wholesale Corp
CSCO Cisco Systems

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.