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).

QCOM Qualcomm Inc
UTX United Technologies
ORCL Oracle Corp
HON Honeywell Intl
HAL Halliburton Co
BA Boeing Co
SPG Simon Property Group
BRK.B Berkshire Hathaway'B'
MDLZ Mondelez Int'l Inc Cl A
JNJ Johnson & Johnson
GOOG Google Inc Cl A
WAG Walgreen Co
EMC EMC Corp
FCX Freeport-McMoRan Copper&Gold B
TXN Texas Instruments
DD Dupont(E.I.)Denemours
NKE Nike, Inc'B'
MDT Medtronic, Inc
C Citigroup Inc
JPM JPMorgan Chase & Co
WFC Wells Fargo
MMM 3M Co
TGT Target Corp
CMCSA Comcast Cl'A'
ABT Abbott Laboratories
AMGN Amgen Inc
LMT Lockheed Martin
V Visa Inc
NOV National Oilwell Varco Inc
IBM Intl Business Machines Corp
DVN Devon Energy
NWSA News Corp Cl A
BMY Bristol-Myers SQUIBB
SLB Schlumberger Ltd
SBUX Starbucks Corp
HPQ Hewlett-Packard
USB US Bancorp
COP ConocoPhillips
MET Metlife Inc
EMR Emerson Electric Co
GE General Electric
AAPL Apple Inc
AIG Amer Intl Group
ACN Accenture PLC (Ireland) NEW
PFE Pfizer Inc
MSFT Microsoft Corp
PG Procter & Gamble
CVX Chevron Corporation
BAX Baxter Intl
DIS Disney (Walt) Co
PEP Pepsico Inc
ABBV AbbVie Inc
LLY Lilly (Eli)
CL Colgate-Palmolive Co
HD Home Depot Inc
SO Southern Company Inc
VZ Verizon Communications
ALL Allstate Corp
TWX Time Warner
MRK Merck & Co
UPS United Parcel'B'
MS Morgan Stanley
WMT Wal-Mart Stores
COST Costco Wholesale

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.