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
GD General Dynamics Corp
MS Morgan Stanley
BAC Bank of America Corporation
LMT Lockheed Martin
AXP American Express Company
FOXA Twenty-First Century Fox Inc A
JPM JPMorgan Chase & Co
FCX Freeport-McMoRan Copper&Gold B
CAT Caterpillar Inc
COST Costco Wholesale
ABBV AbbVie Inc
ACN Accenture PLC (Ireland) NEW
BK Bank of New York Mellon Corp
ALL Allstate Corp
TGT Target Corp
MDLZ Mondelez Int'l Inc Cl A
SPG Simon Property Group
AMZN Amazon.com Inc
WFC Wells Fargo
C Citigroup Inc
WAG Walgreen Co
WMT Wal-Mart Stores
RTN Raytheon Co
JNJ Johnson & Johnson
HAL Halliburton Co
COF Capital One Financial
DIS Disney (Walt) Co
EMR Emerson Electric Co
USB US Bancorp
CVX Chevron Corporation
MMM 3M Co
SO Southern Company Inc
SBUX Starbucks Corp
GS Goldman Sachs Group
UNP Union Pacific Corporation
LOW Lowe's Cos
TXN Texas Instruments
EXC Exelon Corp
BA Boeing Co
TWX Time Warner
MRK Merck & Co
MCD McDonald's Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.