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).

BA Boeing Co
HON Honeywell Intl
TXN Texas Instruments
AXP American Express Company
ORCL Oracle Corp
DIS Disney (Walt) Co
UTX United Technologies
COF Capital One Financial
MS Morgan Stanley
GD General Dynamics Corp
GS Goldman Sachs Group
RTN Raytheon Co
LMT Lockheed Martin
DD Dupont(E.I.)Denemours
EMC EMC Corp
FDX FedEx Corp
AMGN Amgen Inc
USB US Bancorp
AMZN Amazon.com Inc
MMM 3M Co
TGT Target Corp
ABBV AbbVie Inc
DOW Dow Chemical
NSC Norfolk Southern
NKE Nike, Inc'B'
EMR Emerson Electric Co
BAC Bank of America Corporation
OXY Occidental Petroleum
MSFT Microsoft Corp
LLY Lilly (Eli)
CVS CVS Caremark Corporation
V Visa Inc
GM General Motors Company
INTC Intel Corp
BRK.B Berkshire Hathaway'B'
MA Mastercard Incorporated
GE General Electric
CSCO Cisco Systems
APC Anadarko Petroleum
CAT Caterpillar Inc
BAX Baxter Intl
APA Apache Corp
GILD Gilead Sciences
WMB Williams Companies

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.