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
TWX Time Warner
MS Morgan Stanley
GD General Dynamics Corp
BAC Bank of America Corporation
ABBV AbbVie Inc
MRK Merck & Co
CMCSA Comcast Cl'A'
MET Metlife Inc
MDT Medtronic, Inc
AMZN Amazon.com Inc
F Ford Motor
MDLZ Mondelez Int'l Inc Cl A
JNJ Johnson & Johnson
GS Goldman Sachs Group
ALL Allstate Corp
WFC Wells Fargo
CL Colgate-Palmolive Co
DD Dupont(E.I.)Denemours
CVS CVS Caremark Corporation
CVX Chevron Corporation
UNP Union Pacific Corporation
GE General Electric
USB US Bancorp
BRK.B Berkshire Hathaway'B'
WAG Walgreen Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.