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).

MDT Medtronic, Inc
GOOG Google Inc Cl A
LLY Lilly (Eli)
DIS Disney (Walt) Co
AMZN Amazon.com Inc
ABBV AbbVie Inc
HON Honeywell Intl
BMY Bristol-Myers SQUIBB
TWX Time Warner
PFE Pfizer Inc
ABT Abbott Laboratories
GM General Motors Company
EBAY Ebay Inc
GS Goldman Sachs Group
MCD McDonald's Corp
HD Home Depot Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.