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).

SBUX Starbucks Corp
GOOG Google Inc Cl A
V Visa Inc
ACN Accenture PLC (Ireland) NEW
COP ConocoPhillips
DD Dupont(E.I.)Denemours
AEP Amer Electric Pwr
MRK Merck & Co
BK Bank Of New York
GILD Gilead Sciences
GS Goldman Sachs Group
APA Apache Corp
MDT Medtronic, Inc
MS Morgan Stanley
DOW Dow Chemical

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.