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).

QCOM Qualcomm Inc
MSFT Microsoft Corp
AMZN Amazon.com Inc
ADBE Adobe Inc
TXN Texas Instruments
GOOG Alphabet Inc Cl C Cap Stock
BLK Blackrock Inc'A'
GOOGL Alphabet Inc Cl A
NFLX Netflix Inc
NVDA Nvidia Corp
DIS Disney (Walt) Co
PYPL PayPal Hldgs Inc
AAPL Apple Inc
UPS United Parcel Service Inc
BKNG Booking Hldgs Inc
V Visa Inc
EXC Exelon Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.