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).

PG Procter & Gamble
LOW Lowe's Cos
CAT Caterpillar Inc
COF Capital One Financial
PM Philip Morris Intl Inc
MET Metlife Inc
USB US Bancorp
HAL Halliburton Co
CL Colgate-Palmolive Co
GS Goldman Sachs Group

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.