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).

AXP American Express Company
DD Dupont(E.I.)Denemours
ACN Accenture PLC (Ireland) NEW
FCX Freeport-McMoRan Copper&Gold B
VZ Verizon Communications
DIS Disney (Walt) Co
SO Southern Company Inc
BMY Bristol-Myers SQUIBB
MMM 3M Co
GILD Gilead Sciences

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.