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
BAC Bank of America Corporation
C Citigrp Inc
BK Bank of New York Mellon Corp
UNP Union Pacific Corp
NSC Norfolk Southern
HON Honeywell Intl
EMR Emerson Electric Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.