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
SBUX Starbucks Corp
GOOGL Alphabet Inc Cl A
CVX Chevron Corporation
V Visa Inc
COP ConocoPhillips
MSFT Microsoft Corp
FDX FedEx Corp
XOM Exxon Mobil
BLK Blackrock Inc'A'
TXN Texas Instruments
BAC Bank of America Corporation
COF Cap One Finl
TGT Target Corp
AXP American Express Co
ALL Allstate Corp
GOOG Alphabet Inc Cl C Cap Stock
USB US Bancorp
COST Costco Wholesale Corp
LOW Lowe's Cos, Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.