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).

MS Morgan Stanley
DOW Dow Chemical
MET Metlife Inc
FDX FedEx Corp
BAC Bank of America Corporation
AXP American Express Company
TWX Time Warner
AAPL Apple Inc
DIS Disney (Walt) Co
DD Dupont(E.I.)Denemours
COF Capital One Financial
C Citigroup Inc
MON Monsanto Co
CMCSA Comcast Cl'A'
HON Honeywell Intl
EMR Emerson Electric Co
HD Home Depot Inc
LOW Lowe's Cos
UPS United Parcel'B'
HAL Halliburton Co
V Visa Inc
MA Mastercard Incorporated
RTN Raytheon Co
QCOM Qualcomm Inc
CVX Chevron Corporation
SBUX Starbucks Corp
DVN Devon Energy
AIG Amer Intl Group
MMM 3M Co
NKE Nike, Inc'B'
OXY Occidental Petroleum
ALL Allstate Corp
MSFT Microsoft Corp
TXN Texas Instruments
NWSA News Corp Cl A
BAX Baxter Intl

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.