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).

EXC Exelon Corp
INTC Intel Corp
CHTR Charter Communications Inc
TGT Target Corp
LMT Lockheed Martin Corp
MDLZ Mondelez Int'l Inc Cl A
WMT Walmart Inc
PYPL PayPal Hldgs Inc
PEP Pepsico Inc
COST Costco Wholesale Corp
ORCL Oracle Corp
TXN Texas Instruments
DIS Disney (Walt) Co
GOOGL Alphabet Inc Cl A
ACN Accenture PLC (Ireland) NEW
V Visa Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.