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).

HON Honeywell Intl
BK Bank Of New York
USB US Bancorp
MON Monsanto Co
C Citigroup Inc
HD Home Depot Inc
BAC Bank of America Corporation
GILD Gilead Sciences
BRK.B Berkshire Hathaway'B'
GD General Dynamics Corp
DD Dupont(E.I.)Denemours
F Ford Motor
CAT Caterpillar Inc
AIG Amer Intl Group
BA Boeing Co
CMCSA Comcast Cl'A'
JPM JPMorgan Chase & Co
MET Metlife Inc
IBM Intl Business Machines Corp
EMR Emerson Electric Co
UTX United Technologies
SBUX Starbucks Corp
MMM 3M Co
DIS Disney (Walt) Co
COP ConocoPhillips
ALL Allstate Corp
INTC Intel Corp
T AT&T Inc
MS Morgan Stanley
PFE Pfizer Inc
AXP American Express Company
GE General Electric
WFC Wells Fargo
NKE Nike, Inc'B'
EMC EMC Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.