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).

AMZN Amazon.com Inc
GOOGL Alphabet Inc Cl A
FB Facebook Inc
GOOG Alphabet Inc Cl C Cap Stock
ABBV AbbVie Inc
T AT&T Inc
TXN Texas Instruments

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.