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).

BK Bank of New York Mellon Corp
AXP American Express Co
C Citigrp Inc
TWX Time Warner
MET Metlife Inc
BAC Bank of America Corporation
DIS Disney (Walt) Co
WFC Wells Fargo
ALL Allstate Corp
MMM 3M Co
EMR Emerson Electric Co
FB Facebook Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.