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).

COST Costco Wholesale Corp
WBA Walgreen Boots Alliance Inc
MET Metlife Inc
JNJ Johnson & Johnson
BIIB Biogen Inc
LMT Lockheed Martin Corp
AXP American Express Co
PCLN The Priceline Grp Inc
MMM 3M Co
CAT Caterpillar Inc
VZ Verizon Communications
DOW Dow Chemical
BRK.B Berkshire Hathaway'B'
AGN Allergan plc
FDX FedEx Corp
AMZN Amazon.com Inc
UPS United Parcel'B'
ORCL Oracle Corp
CMCSA Comcast Cl A
T AT&T Inc
HPQ HP Inc
MDLZ Mondelez Int'l Inc Cl A
ALL Allstate Corp
CL Colgate-Palmolive Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.