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).

MMM 3M Co
INTC Intel Corp
ACN Accenture PLC (Ireland) NEW
EMC EMC Corp
CMCSA Comcast Cl'A'
HON Honeywell Intl
QCOM Qualcomm Inc
KO Coca-Cola Co
DD Dupont(E.I.)Denemours
DIS Disney (Walt) Co
MO Altria Grp
PM Philip Morris Intl Inc
NSC Norfolk Southern
C Citigrp Inc
CSCO Cisco Systems
BAX Baxter Intl
XOM Exxon Mobil
JPM JPMorgan Chase & Co
UNP Union Pacific Corp
IBM Intl Business Machines Corp
GS Goldman Sachs Grp
MDT Medtronic, Inc
SLB Schlumberger Ltd
PEP Pepsico Inc
HAL Halliburton Co
BMY Bristol-Myers SQUIBB
OXY Occidental Petro
AAPL Apple Inc
ABT Abbott Laboratories
WFC Wells Fargo
ORCL Oracle Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.