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
DIS Disney (Walt) Co
UTX United Technologies
MS Morgan Stanley
SBUX Starbucks Corp
BA Boeing Co
TWX Time Warner
ORCL Oracle Corp
TXN Texas Instruments
AXP American Express Company
DOW Dow Chemical
COF Capital One Financial
DD Dupont(E.I.)Denemours
BAC Bank of America Corporation
FDX FedEx Corp
EMR Emerson Electric Co
GD General Dynamics Corp
NSC Norfolk Southern
UPS United Parcel'B'
EMC EMC Corp
GOOG Google Inc Cl C Capital Stock
MMM 3M Co
AMZN Amazon.com Inc
HD Home Depot Inc
BRK.B Berkshire Hathaway'B'
V Visa Inc
MSFT Microsoft Corp
USB US Bancorp
BK Bank Of New York
LMT Lockheed Martin
AMGN Amgen Inc
CMCSA Comcast Cl'A'
OXY Occidental Petroleum
GE General Electric
PFE Pfizer Inc
MDLZ Mondelez Int'l Inc Cl A
APC Anadarko Petroleum
GM General Motors Company
MDT Medtronic, Inc
LOW Lowe's Cos
LLY Lilly (Eli)
WMT Wal-Mart Stores
WMB Williams Companies
BAX Baxter Intl

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.