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).

GS Goldman Sachs Grp
JPM JPMorgan Chase & Co
BRK.B Berkshire Hathaway'B'
EMC EMC Corp
BA Boeing Co
NKE Nike, Inc'B'
MS MS
GD General Dynamics Corp
C Citigrp Inc
BAC Bank of America Corporation
DIS Disney (Walt) Co
WFC Wells Fargo
AIG Amer Intl Grp
WMT Wal-Mart Stores
PEP Pepsico Inc
USB US Bancorp
TGT Target Corp
AMZN Amazon.com Inc
AAPL Apple Inc
IBM Intl Business Machines Corp
NSC Norfolk Southern
HPQ Hewlett-Packard
HD Home Depot Inc
ORCL Oracle Corp
ALL Allstate Corp
CSCO Cisco Systems
MDT Medtronic plc
RTN Raytheon Co
MSFT Microsoft Corp
UTX United Technologies

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.