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).

C Citigroup Inc
HON Honeywell Intl
F Ford Motor
EMR Emerson Electric Co
LMT Lockheed Martin
FCX Freeport-McMoRan Copper&Gold B
GD General Dynamics Corp
SLB Schlumberger Ltd
MDLZ Mondelez Int'l Inc Cl A
MO Altria Group
DOW Dow Chemical
NOV National Oilwell Varco Inc
TGT Target Corp
CL Colgate-Palmolive Co
SPG Simon Property Group
UTX United Technologies
BA Boeing Co
DD Dupont(E.I.)Denemours
MMM 3M Co
COST Costco Wholesale
CVX Chevron Corporation
RTN Raytheon Co
TXN Texas Instruments
APC Anadarko Petroleum
GM General Motors Company
MON Monsanto Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.