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
FDX FedEx Corp
MMM 3M Co
AGN Allergan plc
HPQ HP Inc
DVN Devon Energy
QCOM Qualcomm Inc
IBM Intl Business Machines Corp
COP ConocoPhillips
HAL Halliburton Co
AXP American Express Co
FOX Twenty-First Century Fox Inc B
CAT Caterpillar Inc
F Ford Motor
GE General Electric Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.