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).

SO Southern Company Inc
MMM 3M Co
GS Goldman Sachs Group
ABT Abbott Laboratories
DD Dupont(E.I.)Denemours
MCD McDonald's Corp
MRK Merck & Co
DOW Dow Chemical

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.