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).

CAT Caterpillar Inc
AAPL Apple Inc
UNP Union Pacific Corp
GOOGL Google Inc Cl A
GOOG Google Inc Cl C Cap Stock
LMT Lockheed Martin
MMM 3M Co
HON Honeywell Intl
JPM JPMorgan Chase & Co
RTN Raytheon Co
AIG Amer Intl Grp
BMY Bristol-Myers SQUIBB
BA Boeing Co
C Citigrp Inc
PFE Pfizer Inc
UNH UnitedHealth Grp Inc
MET Metlife Inc
SPG Simon Ppty Grp
UTX United Technologies
JNJ Johnson & Johnson
MS MS
QCOM Qualcomm Inc
BAC Bank of America Corporation
V Visa Inc
IBM Intl Business Machines Corp
GS Goldman Sachs Grp
BAX Baxter Intl
NKE Nike, Inc'B'
MA Mastercard Inc
FDX FedEx Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.