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
SO Southern Company Inc
NKE Nike, Inc'B'
MMM 3M Co
PEP Pepsico Inc
BAC Bank of America Corporation
APA Apache Corp
CVS CVS Caremark Corporation
TXN Texas Instruments
HON Honeywell Intl
COF Capital One Financial
DOW Dow Chemical
PG Procter & Gamble
MDLZ Mondelez Int'l Inc Cl A
TWX Time Warner
UPS United Parcel'B'
MDT Medtronic, Inc
QCOM Qualcomm Inc
MS Morgan Stanley
UNP Union Pacific Corporation
AAPL Apple Inc
MET Metlife Inc
USB US Bancorp
HAL Halliburton Co
DIS Disney (Walt) Co
OXY Occidental Petroleum
ALL Allstate Corp
JPM JPMorgan Chase & Co
BA Boeing Co
GD General Dynamics Corp
LLY Lilly (Eli)
WMT Wal-Mart Stores

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.