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).

NKE Nike, Inc'B'
TGT Target Corp
ORCL Oracle Corp
UNP Union Pacific Corp
CMCSA Comcast Cl'A'
TWX Time Warner
AXP American Express Co
MRK Merck & Co
ACN Accenture PLC (Ireland) NEW
MMM 3M Co
EMC EMC Corp
ALL Allstate Corp
DIS Disney (Walt) Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.