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).

TXN Texas Instruments
UTX United Technologies
COP ConocoPhillips
BA Boeing Co
CMCSA Comcast Cl'A'
HON Honeywell Intl
EMR Emerson Electric Co
TWX Time Warner
SBUX Starbucks Corp
MO Altria Group
BRK.B Berkshire Hathaway'B'
FCX Freeport-McMoRan Copper&Gold B
AMZN Amazon.com Inc
CL Colgate-Palmolive Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.