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).

T AT&T Inc
TXN Texas Instruments
IBM Intl Business Machines Corp
WMT Wal-Mart Stores
BRK.B Berkshire Hathaway'B'
MDT Medtronic, Inc
UTX United Technologies
HAL Halliburton Co
JPM JPMorgan Chase & Co
HON Honeywell Intl
QCOM Qualcomm Inc
INTC Intel Corp
ORCL Oracle Corp
EMC EMC Corp
WFC Wells Fargo
FCX Freeport-McMoRan Copper&Gold B
NKE Nike, Inc'B'
CVS CVS Caremark Corporation
AAPL Apple Inc
ABT Abbott Laboratories
WAG Walgreen Co
OXY Occidental Petroleum
BMY Bristol-Myers SQUIBB
AMGN Amgen Inc
GOOG Google Inc Cl A
SLB Schlumberger Ltd
AEP Amer Electric Pwr
NOV National Oilwell Varco Inc
GILD Gilead Sciences
SO Southern Company Inc
C Citigroup Inc
UPS United Parcel'B'
DVN Devon Energy
MET Metlife Inc
HD Home Depot Inc
XOM Exxon Mobil
COF Capital One Financial
GS Goldman Sachs Group
ACN Accenture PLC (Ireland) NEW
ABBV AbbVie Inc
COST Costco Wholesale
MDLZ Mondelez Int'l Inc Cl A
CAT Caterpillar Inc
AIG Amer Intl Group

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.