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).

MA Mastercard Inc
QCOM Qualcomm Inc
BA Boeing Co
AXP American Express Co
MDLZ Mondelez Int'l Inc Cl A
TXN Texas Instruments
COF Cap One Finl
ABT Abbott Laboratories
INTC Intel Corp
C Citigrp Inc
UPS United Parcel'B'
EMR Emerson Electric Co
FB Facebook Inc
HD Home Depot Inc
XOM Exxon Mobil
PYPL PayPal Hldgs Inc
BK Bank of New York Mellon Corp
JPM JPMorgan Chase & Co
CAT Caterpillar Inc
USB US Bancorp
MS Morgan Stanley
CSCO Cisco Systems
CVX Chevron Corporation
V Visa Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.