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
UTX United Technologies
USB US Bancorp
TXN Texas Instruments
UNP Union Pacific Corp
SBUX Starbucks Corp
JNJ Johnson & Johnson
WMT Wal-Mart Stores
GS Goldman Sachs Grp
GE General Electric
NSC Norfolk Southern
ORCL Oracle Corp
CL Colgate-Palmolive Co
COF Cap One Finl
BRK.B Berkshire Hathaway'B'
UNH UnitedHealth Grp Inc
MDT Medtronic plc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.