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).

AXP American Express Co
AMZN Amazon.com Inc
MS MS
GOOGL Google Inc Cl A
EBAY Ebay Inc
MA Mastercard Inc
JPM JPMorgan Chase & Co
UPS United Parcel'B'
FDX FedEx Corp
CAT Caterpillar Inc
MRK Merck & Co
MET Metlife Inc
NKE Nike, Inc'B'
DOW Dow Chemical
UNH UnitedHealth Group Inc
V Visa Inc
HAL Halliburton Co
APA Apache Corp
BK Bank of New York Mellon Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.