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).

MS Morgan Stanley
F Ford Motor
C Citigroup Inc
GS Goldman Sachs Group
AIG Amer Intl Group
BK Bank Of New York
NSC Norfolk Southern
MET Metlife Inc
GD General Dynamics Corp
MA Mastercard Incorporated
QCOM Qualcomm Inc
APA Apache Corp
COF Capital One Financial
TWX Time Warner
COP ConocoPhillips
EMR Emerson Electric Co
UNP Union Pacific Corporation
EBAY Ebay Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.