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).

GD General Dynamics Corp
HON Honeywell Intl
DD Dupont(E.I.)Denemours
LMT Lockheed Martin
UTX United Technologies
TXN Texas Instruments
MON Monsanto Co
MMM 3M Co
BA Boeing Co
NSC Norfolk Southern
RTN Raytheon Co
GS Goldman Sachs Group
UNP Union Pacific Corporation
IBM Intl Business Machines Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.