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
TGT Target Corp
NSC Norfolk Southern
XOM Exxon Mobil
HON Honeywell Intl
ALL Allstate Corp
SLB Schlumberger Ltd
MSFT Microsoft Corp
AXP American Express Co
MMM 3M Co
CAT Caterpillar Inc
HD Home Depot Inc
C Citigrp Inc
V Visa Inc
BRK.B Berkshire Hathaway'B'
LOW Lowe's Cos
JNJ Johnson & Johnson
NOV National Oilwell Varco Inc
OXY Occidental Petro
ABT Abbott Laboratories
BK Bank of New York Mellon Corp
LMT Lockheed Martin
GD General Dynamics Corp
CVX Chevron Corporation
UNP Union Pacific Corp
JPM JPMorgan Chase & Co
HPQ Hewlett-Packard
INTC Intel Corp
DD Dupont(E.I.)Denemours

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.