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).

DOW Dow Chemical
HON Honeywell Intl
KO Coca-Cola Co
MO Altria Group
CAT Caterpillar Inc
F Ford Motor
TXN Texas Instruments
APA Apache Corp
MDLZ Mondelez Int'l Inc Cl A
BAC Bank of America Corporation
DD Dupont(E.I.)Denemours
UTX United Technologies
XOM Exxon Mobil
GILD Gilead Sciences
NOV National Oilwell Varco Inc
MS Morgan Stanley
AXP American Express Company
HD Home Depot Inc
QCOM Qualcomm Inc
GOOG Google Inc Cl A
BRK.B Berkshire Hathaway'B'

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.