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).

MMM 3M Co
DD Dupont(E.I.)Denemours
GD General Dynamics Corp
HON Honeywell Intl
UTX United Technologies
DIS Disney (Walt) Co
UPS United Parcel'B'
FDX FedEx Corp
BA Boeing Co
GOOG Google Inc Cl C Capital Stock
LMT Lockheed Martin
MA Mastercard Incorporated
MCD McDonald's Corp
ORCL Oracle Corp
VZ Verizon Communications
PEP Pepsico Inc
NSC Norfolk Southern
IBM Intl Business Machines Corp
DOW Dow Chemical
SPG Simon Property Group
UNP Union Pacific Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.