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).

CL Colgate-Palmolive Co
AXP American Express Company
HAL Halliburton Co
MO Altria Group
INTC Intel Corp
MCD McDonald's Corp
TXN Texas Instruments
BK Bank Of New York
MMM 3M Co
CSCO Cisco Systems
ACN Accenture PLC (Ireland) NEW
COST Costco Wholesale
WMT Wal-Mart Stores
PM Philip Morris Intl Inc
MDT Medtronic, Inc
GS Goldman Sachs Group
ORCL Oracle Corp
EMC EMC Corp
PG Procter & Gamble
IBM Intl Business Machines Corp
MET Metlife Inc
CVS CVS Caremark Corporation
MA Mastercard Incorporated
SLB Schlumberger Ltd

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.