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).

FDX FedEx Corp
BRK.B Berkshire Hathaway'B'
BK Bank of New York Mellon Corp
MSFT Microsoft Corp
V Visa Inc
C Citigrp Inc
GE General Electric Co
MA Mastercard Inc
UNP Union Pacific Corp
UNH UnitedHealth Grp Inc
EMR Emerson Electric Co
MCD McDonald's Corp
WFC Wells Fargo
UTX United Technologies
AMZN Amazon.com Inc
BA Boeing Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.