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).

GS Goldman Sachs Group
BAX Baxter Intl
JPM JPMorgan Chase & Co
MS Morgan Stanley
NKE Nike, Inc'B'
MMM 3M Co
UTX United Technologies
SBUX Starbucks Corp
RTN Raytheon Co
LMT Lockheed Martin
EMR Emerson Electric Co
CAT Caterpillar Inc
HON Honeywell Intl
BK Bank of New York Mellon Corp
BA Boeing Co
GM General Motors Company
AMZN Amazon.com Inc
MDT Medtronic, Inc
WFC Wells Fargo
DOW Dow Chemical
GOOG Google Inc Cl C Capital Stock
BAC Bank of America Corporation
V Visa Inc
ALL Allstate Corp
MSFT Microsoft Corp
UNH UnitedHealth Group Inc
APC Anadarko Petroleum
BMY Bristol-Myers SQUIBB
HAL Halliburton Co
MA Mastercard Incorporated
C Citigroup Inc
AIG Amer Intl Group
XOM Exxon Mobil
WAG Walgreen Co
HPQ Hewlett-Packard
MON Monsanto Co
AXP American Express Company
NSC Norfolk Southern
CVS CVS Caremark Corporation
UPS United Parcel'B'
GD General Dynamics Corp
COST Costco Wholesale
TXN Texas Instruments
MCD McDonald's Corp
DVN Devon Energy
COP ConocoPhillips
AMGN Amgen Inc
BRK.B Berkshire Hathaway'B'
PFE Pfizer Inc
UNP Union Pacific Corporation
DIS Disney (Walt) Co
MET Metlife Inc
NOV National Oilwell Varco Inc
LOW Lowe's Cos
SLB Schlumberger Ltd
QCOM Qualcomm Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.