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).

GD General Dynamics Corp
HON Honeywell Intl
MMM 3M Co
BA Boeing Co
MET Metlife Inc
ABT Abbott Laboratories
LMT Lockheed Martin
ACN Accenture PLC (Ireland) NEW

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.