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).

GS Goldman Sachs Group
CL Colgate-Palmolive Co
LOW Lowe's Cos
UTX United Technologies
PM Philip Morris Intl Inc
COP ConocoPhillips
MO Altria Group
BA Boeing Co
GD General Dynamics Corp
CAT Caterpillar Inc
MCD McDonald's Corp
SBUX Starbucks Corp
NKE Nike, Inc'B'
FCX Freeport-McMoRan Copper&Gold B
USB US Bancorp
ALL Allstate Corp
TXN Texas Instruments
LLY Lilly (Eli)
DIS Disney (Walt) Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.