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).

IBM Intl Business Machines Corp
GS Goldman Sachs Grp
MS Morgan Stanley
HON Honeywell Intl
PFE Pfizer Inc
UNH UnitedHealth Grp Inc
AMZN Amazon.com Inc
V Visa Inc
MET Metlife Inc
UPS United Parcel'B'
AXP American Express Co
DOW Dow Chemical
GOOGL Google Inc Cl A
JNJ Johnson & Johnson
BRK.B Berkshire Hathaway'B'
MMM 3M Co
MDT Medtronic plc
EMR Emerson Electric Co
FDX FedEx Corp
GILD Gilead Sciences
EMC EMC Corp
DIS Disney (Walt) Co
TXN Texas Instruments
MSFT Microsoft Corp
HD Home Depot Inc
CAT Caterpillar Inc
AAPL Apple Inc
INTC Intel Corp
MON Monsanto Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.