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).

TXN Texas Instruments
C CitiGrp Inc
INTC Intel Corp
GE General Electric
TWX Time Warner
FDX FedEx Corp
COF Cap One Finl
SLB Schlumberger Ltd
DOW Dow Chemical
JPM JPMorgan Chase & Co
CL Colgate-Palmolive Co
CVX Chevron Corp
EMC EMC Corp
NSC Norfolk Southern
XOM Exxon Mobil
FCX Freeport-McMoRan Inc
MON Monsanto Co
COP ConocoPhillips
MSFT Microsoft Corp
ABT Abbott Laboratories
HAL Halliburton Co
UPS United Parcel'B'
WFC Wells Fargo
UTX United Technologies
MET Metlife Inc
BA Boeing Co
AIG Amer Intl Grp
SBUX Starbucks Corp
NOV National Oilwell Varco Inc
ABBV AbbVie Inc
DD Dupont(E.I.)Denemours
FOXA Twenty-First Century Fox Inc A
CAT Caterpillar Inc
LLY Lilly (Eli)
MMM 3M Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.