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).

DD Dupont(E.I.)Denemours
UPS United Parcel'B'
AXP American Express Company
TXN Texas Instruments
UTX United Technologies
HPQ Hewlett-Packard
AAPL Apple Inc
DIS Disney (Walt) Co
HON Honeywell Intl
WAG Walgreen Co
MMM 3M Co
EMC EMC Corp
BA Boeing Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.