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).

AMZN Amazon.com Inc
AIG Amer Intl Group
GE General Electric
MMM 3M Co
GOOG Google Inc Cl C Capital Stock
UTX United Technologies
SBUX Starbucks Corp
GD General Dynamics Corp
RTN Raytheon Co
HON Honeywell Intl
EMR Emerson Electric Co
JPM JPMorgan Chase & Co
LMT Lockheed Martin
NKE Nike, Inc'B'
MO Altria Group
WFC Wells Fargo
ACN Accenture PLC (Ireland) NEW
BK Bank Of New York
UNH UnitedHealth Group Inc
HAL Halliburton Co
BAC Bank of America Corporation

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.