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).

UNH UnitedHealth Grp Inc
MDT Medtronic plc
JNJ Johnson & Johnson
MA Mastercard Inc
TGT Target Corp
MCD McDonald's Corp
CMCSA Comcast Cl A
PYPL PayPal Hldgs Inc
ACN Accenture PLC (Ireland) NEW
HD Home Depot Inc
ABBV AbbVie Inc
CHTR Charter Communications Inc
CVS CVS Health Corp
QCOM Qualcomm Inc
PFE Pfizer Inc
CSCO Cisco Systems
BKNG Booking Hldgs Inc
NKE Nike Inc Cl B
AXP American Express Co
GOOG Alphabet Inc Cl C Cap Stock

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.