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
ABBV AbbVie Inc
WBA Walgreen Boots Alliance Inc
CVS CVS Health Corp
AXP American Express Co
AMGN Amgen Inc
SBUX Starbucks Corp
MCD McDonald's Corp
UNP Union Pacific Corp
BIIB Biogen Inc
CELG Celgene Corp
MA Mastercard Inc
PCLN The Priceline Grp Inc
MET Metlife Inc
GD General Dynamics Corp
AMZN Amazon.com Inc
V Visa Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.