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).

HON Honeywell Intl
USB US Bancorp
UNP Union Pacific Corporation
MET Metlife Inc
CAT Caterpillar Inc
UPS United Parcel'B'
GOOG Google Inc Cl A
BK Bank Of New York
AXP American Express Company
CMCSA Comcast Cl'A'
BAC Bank of America Corporation
TGT Target Corp
BRK.B Berkshire Hathaway'B'
AMZN Amazon.com Inc
MO Altria Group
COF Capital One Financial
EMC EMC Corp
ALL Allstate Corp
COP ConocoPhillips
MS Morgan Stanley
JNJ Johnson & Johnson
C Citigroup Inc
APA Apache Corp
LOW Lowe's Cos
MA Mastercard Incorporated
NWSA News Corp Cl A
NSC Norfolk Southern
SLB Schlumberger Ltd
INTC Intel Corp
QCOM Qualcomm Inc
RTN Raytheon Co
JPM JPMorgan Chase & Co
GD General Dynamics Corp
SBUX Starbucks Corp
AMGN Amgen Inc
V Visa Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.