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).

HON Honeywell Intl
MO Altria Group
C Citigroup Inc
AEP Amer Electric Pwr
LMT Lockheed Martin
MA Mastercard Incorporated
ACN Accenture PLC (Ireland) NEW
V Visa Inc
KO Coca-Cola Co
FCX Freeport-McMoRan Copper&Gold B
RTN Raytheon Co
PM Philip Morris Intl Inc
SO Southern Company Inc
EXC Exelon Corp
SBUX Starbucks Corp
ABT Abbott Laboratories
TXN Texas Instruments
GE General Electric
MON Monsanto Co
DOW Dow Chemical
DVN Devon Energy
CVX Chevron Corporation
OXY Occidental Petroleum
BAC Bank of America Corporation
EMC EMC Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.