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
TWX Time Warner
COF Capital One Financial
EMR Emerson Electric Co
UNP Union Pacific Corporation
BK Bank Of New York
DIS Disney (Walt) Co
GS Goldman Sachs Group
DD Dupont(E.I.)Denemours
CMCSA Comcast Cl'A'
USB US Bancorp
RTN Raytheon Co
HON Honeywell Intl
UPS United Parcel'B'
ORCL Oracle Corp
T AT&T Inc
C Citigroup Inc
CVS CVS Caremark Corporation
LOW Lowe's Cos
XOM Exxon Mobil
MET Metlife Inc
ACN Accenture PLC (Ireland) NEW
IBM Intl Business Machines Corp
MO Altria Group
OXY Occidental Petroleum
BRK.B Berkshire Hathaway'B'
CVX Chevron Corporation
MDLZ Mondelez Int'l Inc Cl A
MON Monsanto Co
INTC Intel Corp
EMC EMC Corp
MA Mastercard Incorporated
NSC Norfolk Southern
FCX Freeport-McMoRan Copper&Gold B
AEP Amer Electric Pwr
MMM 3M Co
KO Coca-Cola Co
PEP Pepsico Inc
AIG Amer Intl Group
SPG Simon Property Group

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.