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).

MRK Merck & Co
JNJ Johnson & Johnson
UTX United Technologies
MSFT Microsoft Corp
CL Colgate-Palmolive Co
MDT Medtronic, Inc
TWX Time Warner
GD General Dynamics Corp
AXP American Express Company
ALL Allstate Corp
COF Capital One Financial
WFC Wells Fargo
BRK.B Berkshire Hathaway'B'
HAL Halliburton Co
AIG Amer Intl Group
NSC Norfolk Southern
CMCSA Comcast Cl'A'
ABBV AbbVie Inc
PG Procter & Gamble
HON Honeywell Intl
BK Bank Of New York
TXN Texas Instruments
DIS Disney (Walt) Co
SLB Schlumberger Ltd
MMM 3M Co
GE General Electric
PFE Pfizer Inc
LLY Lilly (Eli)
RTN Raytheon Co
BA Boeing Co
MET Metlife Inc
DD Dupont(E.I.)Denemours
USB US Bancorp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.