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).

CSCO Cisco Systems
TXN Texas Instruments
JPM JPMorgan Chase & Co
AXP American Express Co
C Citigrp Inc
PCLN The Priceline Grp Inc
BK Bank of New York Mellon Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.