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).

AMZN Amazon.com Inc
NKE Nike, Inc'B'
GILD Gilead Sciences
MS Morgan Stanley
HON Honeywell Intl
BAC Bank of America Corporation
SBUX Starbucks Corp
UNH UnitedHealth Group Inc
TWX Time Warner
F Ford Motor
WAG Walgreen Co
GE General Electric
V Visa Inc
CVS CVS Caremark Corporation
BK Bank Of New York
ALL Allstate Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.