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
ORCL Oracle Corp
MA Mastercard Incorporated
GOOG Google Inc Cl A
USB US Bancorp
V Visa Inc
CVX Chevron Corporation
MDT Medtronic, Inc
C Citigroup Inc
QCOM Qualcomm Inc
AMGN Amgen Inc
DIS Disney (Walt) Co
AIG Amer Intl Group
GE General Electric
ABT Abbott Laboratories
DOW Dow Chemical
JPM JPMorgan Chase & Co
UNH UnitedHealth Group Inc
UNP Union Pacific Corporation
VZ Verizon Communications
HPQ Hewlett-Packard
CAT Caterpillar Inc
APA Apache Corp
LLY Lilly (Eli)
DVN Devon Energy
APC Anadarko Petroleum
UPS United Parcel'B'
MSFT Microsoft Corp
ABBV AbbVie Inc
PFE Pfizer Inc
KO Coca-Cola Co
MET Metlife Inc
DD Dupont(E.I.)Denemours
NWSA News Corp Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.