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).

EMR Emerson Electric Co
MMM 3M Co
BA Boeing Co
EMC EMC Corp
DOW Dow Chemical
NKE Nike, Inc'B'
UPS United Parcel'B'
MA Mastercard Inc
INTC Intel Corp
HON Honeywell Intl
HPQ Hewlett-Packard
ACN Accenture PLC (Ireland) NEW
GM General Motors Co
PM Philip Morris Intl Inc
TWX Time Warner
MCD McDonald's Corp
GE General Electric
AAPL Apple Inc
FCX Freeport-McMoRan Inc
UNP Union Pacific Corp
MSFT Microsoft Corp
F Ford Motor
MRK Merck & Co
FOXA Twenty-First Century Fox Inc A
IBM Intl Business Machines Corp
MO Altria Grp
TXN Texas Instruments
GD General Dynamics Corp
FDX FedEx Corp
CMCSA Comcast Cl'A'
NSC Norfolk Southern
CSCO Cisco Systems

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.