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).

EMR Emerson Electric Co
MA Mastercard Inc
GD General Dynamics Corp
HON Honeywell Intl
MS Morgan Stanley
BA Boeing Co
COST(F) Costco Wholesale Corp
MSFT Microsoft Corp
AAPL Apple Inc
GE General Electric
AIG Amer Intl Grp
PEP Pepsico Inc
WFC Wells Fargo
ABT Abbott Laboratories
USB US Bancorp
BMY Bristol-Myers SQUIBB
BAC Bank of America Corporation
TGT Target Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.