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).

MS Morgan Stanley
HAL Halliburton Co
APA Apache Corp
HON Honeywell Intl
BK Bank of New York Mellon Corp
FOXA Twenty-First Century Fox Inc A
GD General Dynamics Corp
IBM Intl Business Machines Corp
COP ConocoPhillips
EMR Emerson Electric Co
MSFT Microsoft Corp
COF Capital One Financial
SLB Schlumberger Ltd
XOM Exxon Mobil
NOV National Oilwell Varco Inc
BA Boeing Co
MA Mastercard Incorporated
CMCSA Comcast Cl'A'
DIS Disney (Walt) Co
DOW Dow Chemical

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.