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).

GS Goldman Sachs Group
BAX Baxter Intl
CVX Chevron Corporation
CVS CVS Caremark Corporation
EXC Exelon Corp
WFC Wells Fargo
COP ConocoPhillips
SPG Simon Property Group
PG Procter & Gamble
MA Mastercard Incorporated
ALL Allstate Corp
OXY Occidental Petroleum

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.