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).

QCOM Qualcomm Inc
TXN Texas Instruments
WBA Walgreen Boots Alliance Inc
GOOG Alphabet Inc Cl C Cap Stock
MSFT Microsoft Corp
ORCL Oracle Corp
GOOGL Alphabet Inc Cl A
BIIB Biogen Inc
MA Mastercard Inc
INTC Intel Corp
GM General Motors Co
PCLN The Priceline Grp Inc
SPG Simon Ppty Grp
MDT Medtronic plc
MDLZ Mondelez Int'l Inc Cl A
AIG Amer Intl Grp
UPS United Parcel'B'
WMT Wal-Mart Stores
AAPL Apple Inc
AMGN Amgen Inc
DVN Devon Energy

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.