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'
ADBE Adobe Inc
GOOGL Alphabet Inc Cl A
GOOG Alphabet Inc Cl C Cap Stock
BRK.B Berkshire Hathaway'B'
COF Cap One Finl
DOW Dow Inc
WBA Walgreen Boots Alliance Inc
T AT&T Inc
BK Bank of New York Mellon Corp
GD General Dynamics Corp
DIS Disney (Walt) Co
QCOM Qualcomm Inc
PEP Pepsico Inc
ACN Accenture PLC (Ireland) NEW
AIG Amer Intl Grp
NVDA Nvidia Corp
CVS CVS Health Corp
BKNG Booking Hldgs Inc
KMI Kinder Morgan Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.