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).

TXN Texas Instruments
CMCSA Comcast Cl'A'
MS MS
MRK Merck & Co
ACN Accenture PLC (Ireland) NEW
UNP Union Pacific Corp
MMM 3M Co
HAL Halliburton Co
DIS Disney (Walt) Co
HPQ Hewlett-Packard
SLB Schlumberger Ltd
CVX Chevron Corporation
AXP American Express Co
HON Honeywell Intl
COP ConocoPhillips
LLY Lilly (Eli)
GD General Dynamics Corp
JNJ Johnson & Johnson
JPM JPMorgan Chase & Co
UTX United Technologies
MDT Medtronic, Inc
OXY Occidental Petro
APC Anadarko Petro
C Citigrp Inc
DD Dupont(E.I.)Denemours

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.