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).

MET Metlife Inc
BK Bank Of New York
BRK.B Berkshire Hathaway'B'
ORCL Oracle Corp
COST Costco Wholesale
HPQ Hewlett-Packard
PEP Pepsico Inc
UPS United Parcel'B'
ALL Allstate Corp
BMY Bristol-Myers SQUIBB
WFC Wells Fargo
FDX FedEx Corp
DIS Disney (Walt) Co
AXP American Express Company
KO Coca-Cola Co
UTX United Technologies
EMR Emerson Electric Co
USB US Bancorp
HON Honeywell Intl
PM Philip Morris Intl Inc
INTC Intel Corp
GM General Motors Company
UNH UnitedHealth Group Inc
VZ Verizon Communications
V Visa Inc
TWX Time Warner
SLB Schlumberger Ltd
CSCO Cisco Systems
F Ford Motor
UNP Union Pacific Corporation
PG Procter & Gamble
MON Monsanto Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.