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).

GD General Dynamics Corp
GOOG Google Inc Cl A
SO Southern Company Inc
COP ConocoPhillips
DD Dupont(E.I.)Denemours
AEP Amer Electric Pwr
BK Bank Of New York
JNJ Johnson & Johnson
LMT Lockheed Martin
GS Goldman Sachs Group
MS Morgan Stanley
BAC Bank of America Corporation
APA Apache Corp
EXC Exelon Corp
ALL Allstate Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.