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).

HAL Halliburton Co
MDT Medtronic, Inc
ACN Accenture PLC (Ireland) NEW
MMM 3M Co
AXP American Express Company
UNH UnitedHealth Group Inc
DOW Dow Chemical
HD Home Depot Inc
JNJ Johnson & Johnson
RTN Raytheon Co
MDLZ Mondelez Int'l Inc Cl A
LMT Lockheed Martin
AIG Amer Intl Group
WFC Wells Fargo
GD General Dynamics Corp
ALL Allstate Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.