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).

MMM 3M Co
AXP American Express Co
CVX Chevron Corporation
COF Cap One Finl
XOM Exxon Mobil
MET Metlife Inc
F Ford Motor
GOOGL Google Inc Cl A
GOOG Google Inc Cl C Cap Stock
FCX Freeport-McMoRan Inc
BAX Baxter Intl
MDLZ Mondelez Int'l Inc Cl A
DOW Dow Chemical
QCOM Qualcomm Inc
CL Colgate-Palmolive Co
LLY Lilly (Eli)
JPM JPMorgan Chase & Co
CSCO Cisco Systems
MDT Medtronic, Inc
CAT Caterpillar Inc
LMT Lockheed Martin
AIG Amer Intl Grp
EMR Emerson Electric Co
IBM Intl Business Machines Corp
SO Southern Co Inc
HON Honeywell Intl
TXN Texas Instruments
GD General Dynamics Corp
BRK.B Berkshire Hathaway'B'
JNJ Johnson & Johnson
RTN Raytheon Co
GM General Motors Co
AMZN Amazon.com Inc
GE General Electric
ACN Accenture PLC (Ireland) NEW
PFE Pfizer Inc
CVS CVS Caremark Corporation
AAPL Apple Inc
GS Goldman Sachs Grp
ABT Abbott Laboratories
SBUX Starbucks Corp
OXY Occidental Petro

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.