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).

USB US Bancorp
UPS United Parcel'B'
UNP Union Pacific Corporation
ORCL Oracle Corp
NSC Norfolk Southern
MET Metlife Inc
MDLZ Mondelez Int'l Inc Cl A
HON Honeywell Intl
GOOG Google Inc Cl A
GE General Electric
GD General Dynamics Corp
FCX Freeport-McMoRan Copper&Gold B
CVS CVS Caremark Corporation
COST Costco Wholesale
COF Capital One Financial
CMCSA Comcast Cl'A'
CAT Caterpillar Inc
C Citigroup Inc
BRK.B Berkshire Hathaway'B'
BMY Bristol-Myers SQUIBB
BAX Baxter Intl
BAC Bank of America Corporation
AXP American Express Company
AMZN Amazon.com Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.