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).

QCOM Qualcomm Inc
TXN Texas Instruments
HPQ HP Inc
V Visa Inc
INTC Intel Corp
TWX Time Warner
CSCO Cisco Systems
BK Bank of New York Mellon Corp
WMT Wal-Mart Stores
WBA Walgreen Boots Alliance Inc
BAC Bank of America Corporation
MET Metlife Inc
BRK.B Berkshire Hathaway'B'
WFC Wells Fargo
JPM JPMorgan Chase & Co
USB US Bancorp
AXP American Express Co
FDX FedEx Corp
AMGN Amgen Inc
EMR Emerson Electric Co
PFE Pfizer Inc
NSC Norfolk Southern

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.