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).

AXP American Express Co
JPM JPMorgan Chase & Co
WAG Walgreen Co
NKE Nike, Inc'B'
CAT Caterpillar Inc
FDX FedEx Corp
GS Goldman Sachs Group
MA Mastercard Inc
USB US Bancorp
PFE Pfizer Inc
MET Metlife Inc
LOW Lowe's Cos
AIG Amer Intl Group
C Citigroup Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.