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).

BRK.B Berkshire Hathaway'B'
EMR Emerson Electric Co
PFE Pfizer Inc
GE General Electric
TWX Time Warner
MRK Merck & Co
MON Monsanto Co
HON Honeywell Intl
BMY Bristol-Myers SQUIBB
DOW Dow Chemical
TGT Target Corp
FDX FedEx Corp
DD Dupont(E.I.)Denemours
CAT Caterpillar Inc
COP ConocoPhillips
UNH UnitedHealth Grp Inc
ORCL Oracle Corp
GD General Dynamics Corp
AXP American Express Co
PM Philip Morris Intl Inc
INTC Intel Corp
MET Metlife Inc
FCX Freeport-McMoRan Inc
DVN Devon Energy
UPS United Parcel'B'
BIIB Biogen Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.