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
MET Metlife Inc
LLY Lilly (Eli)
DVN Devon Energy
HON Honeywell Intl
AXP American Express Co
GOOG Google Inc Cl C Cap Stock
CSCO Cisco Systems
FCX Freeport-McMoRan Inc
AIG Amer Intl Grp
SLB Schlumberger Ltd
MDT Medtronic, Inc
COP ConocoPhillips
CAT Caterpillar Inc
ACN Accenture PLC (Ireland) NEW
BA Boeing Co
HAL Halliburton Co
EMR Emerson Electric Co
GS Goldman Sachs Grp
JPM JPMorgan Chase & Co
GM General Motors Co
SO Southern Co Inc
NSC Norfolk Southern
UTX United Technologies
MRK Merck & Co
GD General Dynamics Corp
BAX Baxter Intl
FB Facebook Inc
C Citigrp Inc
NOV National Oilwell Varco Inc
CMCSA Comcast Cl'A'
BAC Bank of America Corporation
PFE Pfizer Inc
NKE Nike, Inc'B'
BK Bank of New York Mellon Corp
WFC Wells Fargo
FDX FedEx Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.