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).

HON Honeywell Intl
FDX FedEx Corp
DIS Disney (Walt) Co
UPS United Parcel'B'
BK Bank of New York Mellon Corp
JPM JPMorgan Chase & Co
FCX Freeport-McMoRan Inc
DD Dupont(E.I.)Denemours
USB US Bancorp
ACN Accenture PLC (Ireland) NEW
UNP Union Pacific Corp
DOW Dow Chemical
WFC Wells Fargo
NOV National Oilwell Varco Inc
SLB Schlumberger Ltd
HD Home Depot Inc
HPQ Hewlett-Packard
XOM Exxon Mobil
COP ConocoPhillips
APA Apache Corp
DVN Devon Energy
MS MS
BRK.B Berkshire Hathaway'B'
GOOGL Google Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.