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

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.