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).
BLK Blackrock Inc'A'
BKNG Booking Hldgs Inc
BAC Bank of America Corporation
GS Goldman Sachs Grp
MS Morgan Stanley
AAPL Apple Inc
UNH UnitedHealth Grp Inc
LOW Lowe's Cos, Inc
NEE NextEra Energy Inc
LLY Eli Lilly and Co
COF Cap One Finl
HAL Halliburton Co
BIIB Biogen Inc
DIS Disney (Walt) Co
C Citigrp Inc
SO Southern Co Inc
HD Home Depot Inc
QCOM Qualcomm Inc
NKE Nike Inc Cl B
MMM 3M Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.