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).

COF Capital One Financial
DIS Disney (Walt) Co
MDT Medtronic, Inc
FCX Freeport-McMoRan Copper&Gold B
BK Bank Of New York
TWX Time Warner
ORCL Oracle Corp
GOOG Google Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.