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).

USB US Bancorp
WFC Wells Fargo
JPM JPMorgan Chase & Co
AXP American Express Co
COF Cap One Finl
ORCL Oracle Corp
CSCO Cisco Systems
GS Goldman Sachs Grp
MS MS
BK Bank of New York Mellon Corp
C Citigrp Inc
HON Honeywell Intl
JNJ Johnson & Johnson
BAC Bank of America Corporation
MDT Medtronic, Inc
BRK.B Berkshire Hathaway'B'
CMCSA Comcast Cl'A'
NSC Norfolk Southern
ACN Accenture PLC (Ireland) NEW
MET Metlife Inc
UPS United Parcel'B'
ALL Allstate Corp
UNP Union Pacific Corp
FB Facebook Inc
PM Philip Morris Intl Inc
FDX FedEx Corp
TXN Texas Instruments

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.