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).

IBM Intl Business Machines Corp
MET Metlife Inc
GS Goldman Sachs Group
AIG Amer Intl Group
MS MS
XOM Exxon Mobil
AXP American Express Company
BAC Bank of America Corporation
GD General Dynamics Corp
MMM 3M Co
COF Capital One Financial
CAT Caterpillar Inc
LMT Lockheed Martin
GE General Electric
QCOM Qualcomm Inc
HPQ Hewlett-Packard
AAPL Apple Inc
WFC Wells Fargo
HON Honeywell Intl
EMR Emerson Electric Co
UTX United Technologies
EMC EMC Corp
APC Anadarko Petroleum
CSCO Cisco Systems
CVX Chevron Corporation
BA Boeing Co
T AT&T Inc
JPM JPMorgan Chase & Co
OXY Occidental Petroleum
DD Dupont(E.I.)Denemours
APA Apache Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.