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).

COF Cap One Finl
HON Honeywell Intl
MS Morgan Stanley
USB US Bancorp
JPM JPMorgan Chase & Co
C Citigrp Inc
HD Home Depot Inc
DIS Disney (Walt) Co
BAC Bank of America Corporation
BK Bank of New York Mellon Corp
UPS United Parcel'B'
AXP American Express Co
GS Goldman Sachs Grp
T AT&T Inc
FDX FedEx Corp
FB Facebook Inc
UNP Union Pacific Corp
AMZN Amazon.com Inc
GOOGL Google Inc Cl A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.