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).

MMM 3M Co
HON Honeywell Intl
GILD Gilead Sciences
DIS Disney (Walt) Co
MDT Medtronic, Inc
UTX United Technologies
TXN Texas Instruments
COST Costco Wholesale
GOOG Google Inc Cl A
WAG Walgreen Co
AXP American Express Company
MS Morgan Stanley
JNJ Johnson & Johnson
CVS CVS Caremark Corporation
BK Bank Of New York
V Visa Inc
MET Metlife Inc
NKE Nike, Inc'B'
CMCSA Comcast Cl'A'
WFC Wells Fargo
MDLZ Mondelez Int'l Inc Cl A
CL Colgate-Palmolive Co
GM General Motors Company
UNP Union Pacific Corporation
ALL Allstate Corp
MA Mastercard Incorporated
EMR Emerson Electric Co
BA Boeing Co
BAC Bank of America Corporation
GD General Dynamics Corp
GE General Electric
BMY Bristol-Myers SQUIBB
JPM JPMorgan Chase & Co
SBUX Starbucks Corp
PG Procter & Gamble
HD Home Depot Inc
PFE Pfizer Inc
UPS United Parcel'B'
GS Goldman Sachs Group
LMT Lockheed Martin
PEP Pepsico Inc
C Citigroup Inc
USB US Bancorp
RTN Raytheon Co
AMZN Amazon.com Inc
DD Dupont(E.I.)Denemours
FDX FedEx Corp
COF Capital One Financial
QCOM Qualcomm Inc
HPQ Hewlett-Packard
MSFT Microsoft Corp
NSC Norfolk Southern
WMT Wal-Mart Stores
MO Altria Group

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.