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).

COP ConocoPhillips
INTC Intel Corp
MMM 3M Co
AXP American Express Company
EMR Emerson Electric Co
GS Goldman Sachs Group
APC Anadarko Petroleum
MCD McDonald's Corp
MA Mastercard Incorporated
MSFT Microsoft Corp
CL Colgate-Palmolive Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.