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).

DOW Dow Inc
AMZN Amazon.com Inc
GS Goldman Sachs Grp
TXN Texas Instruments
AXP American Express Co
F Ford Motor
GM General Motors Co
NKE Nike Inc Cl B
JPM JPMorgan Chase & Co
BKNG Booking Hldgs Inc
NVDA Nvidia Corp
INTC Intel Corp
DIS Disney (Walt) Co
PYPL PayPal Hldgs Inc
DD DuPont de Nemours Inc
C Citigrp Inc
CVX Chevron Corporation
GE General Electric Co
XOM Exxon Mobil
SPG Simon Ppty Grp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.