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).

WAG Walgreen Co
FCX Freeport-McMoRan Inc
GE General Electric
HAL Halliburton Co
SLB Schlumberger Ltd
XOM Exxon Mobil
INTC Intel Corp
SO Southern Co Inc
PEP Pepsico Inc
MDT Medtronic, Inc
GOOG Google Inc Cl C Cap Stock
DVN Devon Energy
UNP Union Pacific Corp
APA Apache Corp
PM Philip Morris Intl Inc
VZ Verizon Communications
UNH UnitedHealth Grp Inc
BMY Bristol-Myers SQUIBB
MDLZ Mondelez Int'l Inc Cl A
AIG Amer Intl Grp
UTX United Technologies
AMGN Amgen Inc
GOOGL Google Inc Cl A
TXN Texas Instruments
GD General Dynamics Corp
BAX Baxter Intl
NOV National Oilwell Varco Inc
NSC Norfolk Southern
OXY Occidental Petro
MA Mastercard Inc
IBM Intl Business Machines Corp
AXP American Express Co
BA Boeing Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.