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).

NSC Norfolk Southern
MMM 3M Co
MO Altria Group
HON Honeywell Intl
UPS United Parcel'B'
OXY Occidental Petroleum
FDX FedEx Corp
EMR Emerson Electric Co
TWX Time Warner
PM Philip Morris Intl Inc
RTN Raytheon Co
CVS CVS Caremark Corporation
BRK.B Berkshire Hathaway'B'
PEP Pepsico Inc
SLB Schlumberger Ltd
SBUX Starbucks Corp
XOM Exxon Mobil
CMCSA Comcast Cl'A'
CL Colgate-Palmolive Co
COST Costco Wholesale
AEP Amer Electric Pwr
MDLZ Mondelez Int'l Inc Cl A
AAPL Apple Inc
COP ConocoPhillips
KO Coca-Cola Co
APC Anadarko Petroleum
QCOM Qualcomm Inc
ACN Accenture PLC (Ireland) NEW
WMB Williams Companies
SO Southern Company Inc
PG Procter & Gamble
ALL Allstate Corp
GD General Dynamics Corp
MSFT Microsoft Corp
EBAY Ebay Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.