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).

MMM 3M Co
EMR Emerson Electric Co
WFC Wells Fargo
EBAY Ebay Inc
MET Metlife Inc
MA Mastercard Incorporated
GILD Gilead Sciences
NKE Nike, Inc'B'
APA Apache Corp
BMY Bristol-Myers SQUIBB
HON Honeywell Intl
UNP Union Pacific Corporation
GS Goldman Sachs Group
T AT&T Inc
MDLZ Mondelez Int'l Inc Cl A
MS Morgan Stanley
AMGN Amgen Inc
CSCO Cisco Systems
F Ford Motor
ABBV AbbVie Inc
ORCL Oracle Corp
MRK Merck & Co
WAG Walgreen Co
PFE Pfizer Inc
AAPL Apple Inc
HAL Halliburton Co
TGT Target Corp
VZ Verizon Communications
JPM JPMorgan Chase & Co
LOW Lowe's Cos
JNJ Johnson & Johnson
SLB Schlumberger Ltd
AXP American Express Company
TXN Texas Instruments

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.