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).

GE General Electric
GOOG Google Inc Cl C Cap Stock
GOOGL Google Inc Cl A
FCX Freeport-McMoRan Inc
SLB Schlumberger Ltd
APC Anadarko Petro
BA Boeing Co
APA Apache Corp
UTX United Technologies
NKE Nike, Inc'B'
TXN Texas Instruments
BIIB Biogen Idec
HAL Halliburton Co
DVN Devon Energy
SBUX Starbucks Corp
VZ Verizon Communications
NOV National Oilwell Varco Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.