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).

BMY Bristol-Myers SQUIBB
MO Altria Grp
MDLZ Mondelez Int'l Inc Cl A
AMGN Amgen Inc
SBUX Starbucks Corp
KHC The Kraft Heinz Company
MCD McDonald's Corp
C Citigrp Inc
DHR Danaher Corp
BAC Bank of America Corporation
PM Philip Morris Intl Inc
CSCO Cisco Systems
ABT Abbott Laboratories
BLK Blackrock Inc'A'
TXN Texas Instruments
FDX FedEx Corp
ABBV AbbVie Inc
PFE Pfizer Inc
EMR Emerson Electric Co
MET Metlife Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.