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
BK Bank of New York Mellon Corp
BRK.B Berkshire Hathaway'B'
MS Morgan Stanley
ORCL Oracle Corp
LOW Lowe's Cos
GE General Electric Co
TGT Target Corp
JPM JPMorgan Chase & Co
MMM 3M Co
HON Honeywell Intl
WFC Wells Fargo

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.