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).

COP ConocoPhillips
HAL Halliburton Co
BAC Bank of America Corporation
TXN Texas Instruments
UNP Union Pacific Corporation
UTX United Technologies
EMR Emerson Electric Co
SLB Schlumberger Ltd
TWX Time Warner
HON Honeywell Intl
C Citigroup Inc
CMCSA Comcast Cl'A'
FDX FedEx Corp
APC Anadarko Petroleum
GD General Dynamics Corp
BRK.B Berkshire Hathaway'B'
MA Mastercard Incorporated
BHI Baker Hughes Inc
GS Goldman Sachs Group
WFC Wells Fargo

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.