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).

COST Costco Wholesale
CMCSA Comcast Cl'A'
MSFT Microsoft Corp
COP ConocoPhillips
GOOG Google Inc Cl A
BK Bank Of New York
MON Monsanto Co
APC Anadarko Petroleum
JNJ Johnson & Johnson
AMZN Amazon.com Inc
GS Goldman Sachs Group
WMB Williams Companies
AMGN Amgen Inc
MS Morgan Stanley
ACN Accenture PLC (Ireland) NEW
SBUX Starbucks Corp
SLB Schlumberger Ltd
GE General Electric

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.