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).

BK Bank of New York Mellon Corp
AXP American Express Co
COF Cap One Finl
JPM JPMorgan Chase & Co
PG Procter & Gamble
UNH UnitedHealth Grp Inc
ACN Accenture PLC (Ireland) NEW
WFC Wells Fargo
C Citigrp Inc
ORCL Oracle Corp
EMR Emerson Electric Co
GS Goldman Sachs Grp
RTN Raytheon Co
AAPL Apple Inc
MA Mastercard Inc
MMM 3M Co
MO Altria Grp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.