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).

HON Honeywell Intl
MS Morgan Stanley
MET Metlife Inc
TWX Time Warner
DD Dupont(E.I.)Denemours
TXN Texas Instruments
DIS Disney (Walt) Co
AXP American Express Company
C Citigroup Inc
DOW Dow Chemical
UPS United Parcel'B'
FDX FedEx Corp
MA Mastercard Incorporated
BAC Bank of America Corporation
EMR Emerson Electric Co
SBUX Starbucks Corp
V Visa Inc
HD Home Depot Inc
MMM 3M Co
UNH UnitedHealth Group Inc
EMC EMC Corp
NWSA News Corp Cl A
MON Monsanto Co
CMCSA Comcast Cl'A'
MSFT Microsoft Corp
BA Boeing Co
AMZN Amazon.com Inc
INTC Intel Corp
AAPL Apple Inc
UTX United Technologies
TGT Target Corp
AMGN Amgen Inc
UNP Union Pacific Corporation
LMT Lockheed Martin
QCOM Qualcomm Inc
CVS CVS Caremark Corporation
FCX Freeport-McMoRan Copper&Gold B
GD General Dynamics Corp
ORCL Oracle Corp
GS Goldman Sachs Group
MDT Medtronic, Inc
CSCO Cisco Systems
GE General Electric
GOOG Google Inc Cl C Capital Stock
LOW Lowe's Cos
PFE Pfizer Inc
BAX Baxter Intl
AIG Amer Intl Group
OXY Occidental Petroleum
GM General Motors Company

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.