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).

AXP American Express Company
MRK Merck & Co
HON Honeywell Intl
MMM 3M Co
JNJ Johnson & Johnson
MSFT Microsoft Corp
CL Colgate-Palmolive Co
MA Mastercard Incorporated
COST Costco Wholesale
ABT Abbott Laboratories
DIS Disney (Walt) Co
GE General Electric
CMCSA Comcast Cl'A'
TXN Texas Instruments
ORCL Oracle Corp
MET Metlife Inc
MS Morgan Stanley
AMZN Amazon.com Inc
BAC Bank of America Corporation
EMR Emerson Electric Co
IBM Intl Business Machines Corp
DD Dupont(E.I.)Denemours
AMGN Amgen Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.