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).

C Citigrp Inc
MS Morgan Stanley
JPM JPMorgan Chase & Co
CELG Celgene Corp
BIIB Biogen Inc
USB US Bancorp
BK Bank of New York Mellon Corp
MET Metlife Inc
PFE Pfizer Inc
APC Anadarko Petro
AXP American Express Co
BAC Bank of America Corporation
UTX United Technologies
HAL Halliburton Co
ABT Abbott Laboratories

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.