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
BK Bank Of New York
HON Honeywell Intl
PG Procter & Gamble
BRK.B Berkshire Hathaway'B'
UTX United Technologies
COF Capital One Financial
C Citigroup Inc
UNP Union Pacific Corporation
MS Morgan Stanley
WFC Wells Fargo
GD General Dynamics Corp
ALL Allstate Corp
CL Colgate-Palmolive Co
AMZN Amazon.com Inc
MET Metlife Inc
GE General Electric
USB US Bancorp
CSCO Cisco Systems
GS Goldman Sachs Group
JPM JPMorgan Chase & Co
WAG Walgreen Co
MRK Merck & Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.