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
UNP Union Pacific Corp
BK Bank of New York Mellon Corp
WFC Wells Fargo
EMR Emerson Electric Co
C Citigrp Inc
HON Honeywell Intl
DD Dupont(E.I.)Denemours
MET Metlife Inc
GD General Dynamics Corp
MON Monsanto Co
UTX United Technologies
JPM JPMorgan Chase & Co
GS Goldman Sachs Grp
AIG Amer Intl Grp
MMM 3M Co
DOW Dow Chemical
RTN Raytheon Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.