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).

MO Altria Group
GE General Electric
UPS United Parcel'B'
HON Honeywell Intl
TXN Texas Instruments
EMR Emerson Electric Co
FDX FedEx Corp
MMM 3M Co
CVS CVS Caremark Corporation
MRK Merck & Co
PEP Pepsico Inc
DD Dupont(E.I.)Denemours
TWX Time Warner
OXY Occidental Petroleum
XOM Exxon Mobil
SLB Schlumberger Ltd
COP ConocoPhillips
LMT Lockheed Martin
NSC Norfolk Southern
PM Philip Morris Intl Inc
COST Costco Wholesale
RTN Raytheon Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.