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).

PM Philip Morris Intl Inc
CL Colgate-Palmolive Co
PG Procter & Gamble
CSCO Cisco Systems
MO Altria Group
MDT Medtronic, Inc
PFE Pfizer Inc
LOW Lowe's Cos
APC Anadarko Petroleum
VZ Verizon Communications

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.