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).

MMM 3M Co
C Citigroup Inc
COP ConocoPhillips
HAL Halliburton Co
COST Costco Wholesale
GD General Dynamics Corp
PG Procter & Gamble
HON Honeywell Intl
FDX FedEx Corp
LOW Lowe's Cos
UNP Union Pacific Corporation
EMR Emerson Electric Co
CSCO Cisco Systems
TWX Time Warner
DOW Dow Chemical
CMCSA Comcast Cl'A'
DD Dupont(E.I.)Denemours
RTN Raytheon Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.