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
UNP Union Pacific Corporation
TWX Time Warner
COF Capital One Financial
WFC Wells Fargo
DOW Dow Chemical
GD General Dynamics Corp
GILD Gilead Sciences
NKE Nike, Inc'B'
IBM Intl Business Machines Corp
MA Mastercard Incorporated
CVS CVS Caremark Corporation
TXN Texas Instruments
AXP American Express Company
V Visa Inc
LOW Lowe's Cos
APA Apache Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.