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).

AAPL Apple Inc
HON Honeywell Intl
UPS United Parcel'B'
BA Boeing Co
FDX FedEx Corp
COF Capital One Financial
MDT Medtronic, Inc
DOW Dow Chemical
MMM 3M Co
DD Dupont(E.I.)Denemours
MON Monsanto Co
GE General Electric
NSC Norfolk Southern
FOXA Twenty-First Century Fox Inc A
PM Philip Morris Intl Inc
SLB Schlumberger Ltd
MO Altria Group

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.