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
LMT Lockheed Martin
AMZN Amazon.com Inc
TXN Texas Instruments
MMM 3M Co
UTX United Technologiess
WMT Wal-Mart Stores
UNP Union Pacific Corporation
MA Mastercard Incorporated
GOOG Google Inc Cl A
AAPL Apple Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.