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).

JPM JPMorgan Chase & Co
MON Monsanto Co
WAG Walgreen Co
GE General Electric
ACN Accenture PLC (Ireland) NEW
NSC Norfolk Southern
FDX FedEx Corp
LOW Lowe's Cos
COP ConocoPhillips
CSCO Cisco Systems
MMM 3M Co
SBUX Starbucks Corp
SLB Schlumberger Ltd

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.