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).

DOW Dow Chemical
DD Dupont(E.I.)Denemours
MS Morgan Stanley
HON Honeywell Intl
MET Metlife Inc
DIS Disney (Walt) Co
TWX Time Warner
COF Capital One Financial
AXP American Express Company
FDX FedEx Corp
UPS United Parcel'B'
C Citigroup Inc
MON Monsanto Co
EMR Emerson Electric Co
CMCSA Comcast Cl'A'
BAC Bank of America Corporation
ALL Allstate Corp
MMM 3M Co
HAL Halliburton Co
AAPL Apple Inc
V Visa Inc
EMC EMC Corp
BRK.B Berkshire Hathaway'B'
UNH UnitedHealth Group Inc
HD Home Depot Inc
BA Boeing Co
CVS CVS Caremark Corporation
BAX Baxter Intl
UTX United Technologies
LMT Lockheed Martin
AIG Amer Intl Group
GD General Dynamics Corp
NSC Norfolk Southern
MA Mastercard Incorporated
WAG Walgreen Co
APC Anadarko Petroleum
WFC Wells Fargo
AMGN Amgen Inc
NWSA News Corp Cl A
UNP Union Pacific Corporation
RTN Raytheon Co
SBUX Starbucks Corp
QCOM Qualcomm Inc
SLB Schlumberger Ltd
JPM JPMorgan Chase & Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.