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).

UPS United Parcel Service Inc
COST Costco Wholesale Corp
LOW Lowe's Cos, Inc
CSCO Cisco Systems
FDX FedEx Corp
ACN Accenture PLC (Ireland) NEW
PYPL PayPal Hldgs Inc
UNP Union Pacific Corp
MA Mastercard Inc
EXC Exelon Corp
HD Home Depot Inc
NKE Nike Inc Cl B
AMGN Amgen Inc
NVDA Nvidia Corp
TXN Texas Instruments
DD DuPont de Nemours Inc
NEE NextEra Energy Inc
NFLX Netflix Inc
MDLZ Mondelez Int'l Inc Cl A
AMZN Amazon.com Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.