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).

BK Bank Of New York
FDX FedEx Corp
F Ford Motor
AMGN Amgen Inc
C Citigroup Inc
NSC Norfolk Southern
CMCSA Comcast Cl'A'
DIS Disney (Walt) Co
TWX Time Warner
COF Capital One Financial
AIG Amer Intl Group
MA Mastercard Incorporated
MDT Medtronic, Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.