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).

FDX FedEx Corp
GE General Electric Co
AAPL Apple Inc
WFC Wells Fargo
USB US Bancorp
TXN Texas Instruments
CVX Chevron Corporation
HON Honeywell Intl
AIG Amer Intl Grp
JPM JPMorgan Chase & Co
APC Anadarko Petro
GS Goldman Sachs Grp
KO Coca-Cola Co
UPS United Parcel'B'
SLB Schlumberger Ltd
ALL Allstate Corp
EMR Emerson Electric Co
NSC Norfolk Southern
CL Colgate-Palmolive Co
PG Procter & Gamble
GM General Motors Co
CAT Caterpillar Inc
HAL Halliburton Co
MS Morgan Stanley
COP ConocoPhillips
CVS CVS Health Corp
MDLZ Mondelez Int'l Inc Cl A
DVN Devon Energy
MMM 3M Co
PM Philip Morris Intl Inc
EXC Exelon Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.