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
GE General Electric
EBAY Ebay Inc
UTX United Technologies
COF Capital One Financial
MMM 3M Co
HPQ Hewlett-Packard
MRK Merck & Co
AIG Amer Intl Group
ORCL Oracle Corp
MET Metlife Inc
TWX Time Warner
DOW Dow Chemical
GOOG Google Inc Cl A
ACN Accenture PLC (Ireland) NEW
DIS Disney (Walt) Co
HD Home Depot Inc
CMCSA Comcast Cl'A'
EMR Emerson Electric Co
GS Goldman Sachs Group
C Citigroup Inc
SLB Schlumberger Ltd
APA Apache Corp
UPS United Parcel'B'
HON Honeywell Intl
IBM Intl Business Machines Corp
QCOM Qualcomm Inc
BA Boeing Co
LOW Lowe's Cos
GD General Dynamics Corp
NOV National Oilwell Varco Inc
JPM JPMorgan Chase & Co
MDLZ Mondelez Int'l Inc Cl A
GM General Motors Company
BMY Bristol-Myers SQUIBB
BAC Bank of America Corporation
ALL Allstate Corp
DVN Devon Energy
PFE Pfizer Inc
OXY Occidental Petroleum
MO Altria Group
LMT Lockheed Martin

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.