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).

PG Procter & Gamble
OXY Occidental Petroleum
BRK.B Berkshire Hathaway'B'
SO Southern Company Inc
SPG Simon Property Group
UNP Union Pacific Corporation
DVN Devon Energy
SLB Schlumberger Ltd
BAC Bank of America Corporation
MON Monsanto Co
COP ConocoPhillips
NKE Nike, Inc'B'
CAT Caterpillar Inc
EXC Exelon Corp
ACN Accenture PLC (Ireland) NEW
APC Anadarko Petroleum
APA Apache Corp
PEP Pepsico Inc
NOV National Oilwell Varco Inc
BK Bank Of New York
C Citigroup Inc
COST Costco Wholesale
CVS CVS Caremark Corporation
COF Capital One Financial

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.