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).

FB Facebook Inc
CSCO Cisco Systems
GS Goldman Sachs Grp
BK Bank of New York Mellon Corp
ABBV AbbVie Inc
MS Morgan Stanley
UTX United Technologies
COF Cap One Finl
MA Mastercard Inc
V Visa Inc
MET Metlife Inc
IBM Intl Business Machines Corp
TWX Time Warner
GOOG Google Inc Cl C Cap Stock
DOW Dow Chemical
NKE Nike, Inc'B'
AMZN Amazon.com Inc
HON Honeywell Intl
FOXA Twenty-First Century Fox Inc A
ABT Abbott Laboratories
MRK Merck & Co
WFC Wells Fargo

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.