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
UTX United Technologies
LMT Lockheed Martin
EMR Emerson Electric Co
BA Boeing Co
GD General Dynamics Corp
MMM 3M Co
WMB Williams Companies
OXY Occidental Petroleum
RTN Raytheon Co
XOM Exxon Mobil
BRK.B Berkshire Hathaway'B'
LLY Lilly (Eli)
DIS Disney (Walt) Co
DVN Devon Energy
CVX Chevron Corporation
PEP Pepsico Inc
COP ConocoPhillips
UNP Union Pacific Corporation
APA Apache Corp
ABT Abbott Laboratories
AIG Amer Intl Group
CSCO Cisco Systems
QCOM Qualcomm Inc
ABBV AbbVie Inc
FDX FedEx Corp
TWX Time Warner
GILD Gilead Sciences
TGT Target Corp
HAL Halliburton Co
NOV National Oilwell Varco Inc
MET Metlife Inc
BK Bank Of New York
MSFT Microsoft Corp
ORCL Oracle Corp
NSC Norfolk Southern
WFC Wells Fargo
APC Anadarko Petroleum
ACN Accenture PLC (Ireland) NEW
WAG Walgreen Co
UPS United Parcel'B'
WMT Wal-Mart Stores
MON Monsanto Co
HD Home Depot Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.