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
COF Capital One Financial
UNP Union Pacific Corporation
EMR Emerson Electric Co
WFC Wells Fargo
BK Bank Of New York
T AT&T Inc
TWX Time Warner
GS Goldman Sachs Group
UTX United Technologies
HON Honeywell Intl
SO Southern Company Inc
XOM Exxon Mobil
MCD McDonald's Corp
UPS United Parcel'B'
NSC Norfolk Southern
DIS Disney (Walt) Co
DD Dupont(E.I.)Denemours
RTN Raytheon Co
MDT Medtronic, Inc
CMCSA Comcast Cl'A'
USB US Bancorp
BAC Bank of America Corporation
CAT Caterpillar Inc
MDLZ Mondelez Int'l Inc Cl A
AMZN Amazon.com Inc
GE General Electric
ORCL Oracle Corp
C Citigroup Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.