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).

CSCO Cisco Systems
PEP Pepsico Inc
PG Procter & Gamble
MDT Medtronic, Inc
PM Philip Morris Intl Inc
FCX Freeport-McMoRan Copper&Gold B
MRK Merck & Co
MDLZ Mondelez Int'l Inc Cl A
CVX Chevron Corporation
BRK.B Berkshire Hathaway'B'
SLB Schlumberger Ltd
OXY Occidental Petroleum
COP ConocoPhillips
C Citigroup Inc
KO Coca-Cola Co
WMB Williams Companies
ABBV AbbVie Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.