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).

JPM JPMorgan Chase & Co
CAT Caterpillar Inc
BK Bank of New York Mellon Corp
C Citigroup Inc
AXP American Express Company
ORCL Oracle Corp
USB US Bancorp
COP ConocoPhillips
APA Apache Corp
GS Goldman Sachs Group
BA Boeing Co
XOM Exxon Mobil
FCX Freeport-McMoRan Copper&Gold B
BRK.B Berkshire Hathaway'B'
F Ford Motor
INTC Intel Corp
NOV National Oilwell Varco Inc
GE General Electric

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.