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
C Citigrp Inc
JPM JPMorgan Chase & Co
BAC Bank of America Corporation
USB US Bancorp
UTX United Technologies
MS Morgan Stanley
BK Bank of New York Mellon Corp
HON Honeywell Intl
BRK.B Berkshire Hathaway'B'
HPQ HP Inc
BA Boeing Co
COF Cap One Finl
MET Metlife Inc
CAT Caterpillar Inc
CELG Celgene Corp
AMZN Amazon.com Inc
MDT Medtronic plc
IBM Intl Business Machines Corp
UNP Union Pacific Corp
MMM 3M Co
DIS Disney (Walt) Co
MDLZ Mondelez Int'l Inc Cl A
ABT Abbott Laboratories

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.