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).

DIS Disney (Walt) Co
BRK.B Berkshire Hathaway'B'
MET Metlife Inc
BK Bank Of New York
TWX Time Warner
COF Capital One Financial
EMR Emerson Electric Co
GS Goldman Sachs Group
SLB Schlumberger Ltd
JPM JPMorgan Chase & Co
FDX FedEx Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.