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).

GILD Gilead Sciences
BK Bank Of New York
BAC Bank of America Corporation
UNP Union Pacific Corporation
MMM 3M Co
LOW Lowe's Cos
TWX Time Warner
UTX United Technologies
TXN Texas Instruments
COST Costco Wholesale
PG Procter & Gamble
HON Honeywell Intl
CMCSA Comcast Cl'A'
EMR Emerson Electric Co
C Citigroup Inc
JNJ Johnson & Johnson
CVS CVS Caremark Corporation
WMT Wal-Mart Stores
ALL Allstate Corp
DD Dupont(E.I.)Denemours
GD General Dynamics Corp
GE General Electric
PEP Pepsico Inc
BRK.B Berkshire Hathaway'B'
CVX Chevron Corporation
JPM JPMorgan Chase & Co
COF Capital One Financial
MS Morgan Stanley
WFC Wells Fargo
MDT Medtronic, Inc
CL Colgate-Palmolive Co
GS Goldman Sachs Group
PFE Pfizer Inc
MA Mastercard Incorporated
F Ford Motor
CSCO Cisco Systems
TGT Target Corp
UNH UnitedHealth Group Inc
WAG Walgreen Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.