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).

BAC Bank of America Corporation
MET Metlife Inc
BK Bank Of New York
DOW Dow Chemical
MS Morgan Stanley
AXP American Express Company
UTX United Technologies
COF Capital One Financial
EMC EMC Corp
DIS Disney (Walt) Co
DD Dupont(E.I.)Denemours
EMR Emerson Electric Co
JPM JPMorgan Chase & Co
LOW Lowe's Cos
TWX Time Warner
FDX FedEx Corp
HAL Halliburton Co
F Ford Motor
MA Mastercard Incorporated
HON Honeywell Intl
SBUX Starbucks Corp
C Citigroup Inc
QCOM Qualcomm Inc
MSFT Microsoft Corp
HPQ Hewlett-Packard
MON Monsanto Co
AIG Amer Intl Group
OXY Occidental Petroleum
GM General Motors Company
UNH UnitedHealth Group Inc
UPS United Parcel'B'
MMM 3M Co
ALL Allstate Corp
WMB Williams Companies

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.