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).

UTX United Technologies
COF Cap One Finl
UNP Union Pacific Corp
EMR Emerson Electric Co
GE General Electric
COST Costco Wholesale
ACN Accenture PLC (Ireland) NEW
BA Boeing Co
AIG Amer Intl Grp
WFC Wells Fargo
AXP American Express Co
ORCL Oracle Corp
PG Procter & Gamble
CSCO Cisco Systems
BK Bank of New York Mellon Corp
ALL Allstate Corp
JPM JPMorgan Chase & Co
TXN Texas Instruments
HON Honeywell Intl
C Citigrp Inc
TGT Target Corp
NOV National Oilwell Varco Inc
INTC Intel Corp
USB US Bancorp
GILD Gilead Sciences
DIS Disney (Walt) Co
BAC Bank of America Corporation
CVX Chevron Corporation
BRK.B Berkshire Hathaway'B'
APA Apache Corp
MA Mastercard Inc
EBAY Ebay Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.