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).

EMC EMC Corp
LMT Lockheed Martin
MET Metlife Inc
GS Goldman Sachs Group
DOW Dow Chemical
RTN Raytheon Co
NKE Nike, Inc'B'
DIS Disney (Walt) Co
AXP American Express Company
BK Bank Of New York
MS Morgan Stanley
AAPL Apple Inc
GD General Dynamics Corp
COF Capital One Financial
JPM JPMorgan Chase & Co
DD Dupont(E.I.)Denemours
WMB Williams Companies
F Ford Motor
LOW Lowe's Cos
BAC Bank of America Corporation
HAL Halliburton Co
WFC Wells Fargo
USB US Bancorp
TWX Time Warner
PFE Pfizer Inc
UNP Union Pacific Corporation
NSC Norfolk Southern
SBUX Starbucks Corp
ABBV AbbVie Inc
EMR Emerson Electric Co
CMCSA Comcast Cl'A'
HON Honeywell Intl
UTX United Technologies
GILD Gilead Sciences
C Citigroup Inc
BA Boeing Co
OXY Occidental Petroleum
FDX FedEx Corp
MRK Merck & Co
EBAY Ebay Inc
HPQ Hewlett-Packard
AIG Amer Intl Group
BRK.B Berkshire Hathaway'B'
WAG Walgreen Co
BMY Bristol-Myers SQUIBB
MSFT Microsoft Corp
GM General Motors Company
ORCL Oracle Corp
AMZN Amazon.com Inc
CVS CVS Caremark Corporation
UNH UnitedHealth Group Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.