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).

GS Goldman Sachs Grp
PFE Pfizer Inc
LLY Lilly (Eli)
ORCL Oracle Corp
NKE Nike Inc Cl B
JNJ Johnson & Johnson
COF Cap One Finl
ACN Accenture PLC (Ireland) NEW
KMI Kinder Morgan Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.