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
HON Honeywell Intl
C Citigroup Inc
BK Bank Of New York
GM General Motors Company
COF Capital One Financial
UTX United Technologies
COST Costco Wholesale
MDT Medtronic, Inc
MS Morgan Stanley
BAC Bank of America Corporation
TWX Time Warner
MRK Merck & Co
GD General Dynamics Corp
ABBV AbbVie Inc
AMZN Amazon.com Inc
MET Metlife Inc
F Ford Motor
JNJ Johnson & Johnson
WFC Wells Fargo
UNP Union Pacific Corporation
ALL Allstate Corp
CL Colgate-Palmolive Co
CVS CVS Caremark Corporation
BRK.B Berkshire Hathaway'B'
GS Goldman Sachs Group
GE General Electric
WAG Walgreen Co
PFE Pfizer Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.