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).

MDT Medtronic plc
AAPL Apple Inc
MA Mastercard Inc
XOM Exxon Mobil
LLY Lilly (Eli)
FB Facebook Inc
HON Honeywell Intl
RTN Raytheon Co
UNH UnitedHealth Grp Inc
UNP Union Pacific Corp
CVX Chevron Corporation
V Visa Inc
PYPL PayPal Hldgs Inc
ABT Abbott Laboratories
GOOGL Alphabet Inc Cl A
BA Boeing Co
NSC Norfolk Southern
GOOG Alphabet Inc Cl C Cap Stock
AMZN Amazon.com Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.