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).

UTX United Technologies
EMR Emerson Electric Co
MRK Merck & Co
MMM 3M Co
HON Honeywell Intl
GD General Dynamics Corp
BMY Bristol-Myers SQUIBB
ALL Allstate Corp
UPS United Parcel'B'
JPM JPMorgan Chase & Co
AIG Amer Intl Group
ABT Abbott Laboratories
DOW Dow Chemical
V Visa Inc
F Ford Motor
MA Mastercard Incorporated
BA Boeing Co
USB US Bancorp
BRK.B Berkshire Hathaway'B'
LMT Lockheed Martin

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.