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
UPS United Parcel'B'
UTX United Technologies
EMR Emerson Electric Co
DIS Disney (Walt) Co
TXN Texas Instruments
MON Monsanto Co
CMCSA Comcast Cl'A'
BMY Bristol-Myers SQUIBB
MS Morgan Stanley
WAG Walgreen Co
GS Goldman Sachs Group
C Citigroup Inc
COP ConocoPhillips
UNP Union Pacific Corporation
MSFT Microsoft Corp
SLB Schlumberger Ltd
LMT Lockheed Martin
V Visa Inc
HON Honeywell Intl
NSC Norfolk Southern

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.