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
MS MS
CMCSA Comcast Cl'A'
ACN Accenture PLC (Ireland) NEW
GS Goldman Sachs Grp
QCOM Qualcomm Inc
IBM Intl Business Machines Corp
CVS CVS Caremark Corporation
SPG Simon Ppty Grp
NSC Norfolk Southern
GD General Dynamics Corp
CSCO Cisco Systems
DIS Disney (Walt) Co
UNP Union Pacific Corp
PEP Pepsico Inc
AMZN Amazon.com Inc
UPS United Parcel'B'
LMT Lockheed Martin
JNJ Johnson & Johnson
EMC EMC Corp
HON Honeywell Intl
SLB Schlumberger Ltd
JPM JPMorgan Chase & Co
MA Mastercard Inc
FDX FedEx Corp
RTN Raytheon Co
CVX Chevron Corporation
EMR Emerson Electric Co
AXP American Express Co
MDLZ Mondelez Int'l Inc Cl A
CAT Caterpillar Inc
GE General Electric
OXY Occidental Petro
HPQ Hewlett-Packard
ABBV AbbVie Inc
UTX United Technologies
AAPL Apple Inc
FCX Freeport-McMoRan Inc
COP ConocoPhillips
BA Boeing Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.