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).

IBM Intl Business Machines Corp
WMT Wal-Mart Stores
UPS United Parcel'B'
BRK.B Berkshire Hathaway'B'
LMT Lockheed Martin
TXN Texas Instruments
COST Costco Wholesale
BMY Bristol-Myers SQUIBB
NKE Nike, Inc'B'
UTX United Technologies
HPQ Hewlett-Packard
CVS CVS Caremark Corporation
ABT Abbott Laboratories
MET Metlife Inc
ACN Accenture PLC (Ireland) NEW
FCX Freeport-McMoRan Copper&Gold B
SO Southern Company Inc
MDT Medtronic, Inc
NOV National Oilwell Varco Inc
GOOG Google Inc Cl A
AEP Amer Electric Pwr
DIS Disney (Walt) Co
HON Honeywell Intl
AMGN Amgen Inc
V Visa Inc
HD Home Depot Inc
FDX FedEx Corp
WFC Wells Fargo
CL Colgate-Palmolive Co
CAT Caterpillar Inc
XOM Exxon Mobil
INTC Intel Corp
GE General Electric
F Ford Motor
ALL Allstate Corp
LOW Lowe's Cos
MDLZ Mondelez Int'l Inc Cl A
JNJ Johnson & Johnson
PFE Pfizer Inc
USB US Bancorp
OXY Occidental Petroleum
UNH UnitedHealth Group Inc
GD General Dynamics Corp
BA Boeing Co
KO Coca-Cola Co
MCD McDonald's Corp
GM General Motors Company

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.