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).

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

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.