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).

JPM JPMorgan Chase & Co
WFC Wells Fargo
HON Honeywell Intl
LOW Lowe's Cos
MDT Medtronic, Inc
MET Metlife Inc
DIS Disney (Walt) Co
FDX FedEx Corp
HD Home Depot Inc
USB US Bancorp
COF Cap One Finl
XOM Exxon Mobil
UNH UnitedHealth Grp Inc
CVS CVS Health Corp
QCOM Qualcomm Inc
BRK.B Berkshire Hathaway'B'
ALL Allstate Corp
GE General Electric
APA Apache Corp
PFE Pfizer Inc
NOV National Oilwell Varco Inc
JNJ Johnson & Johnson
GD General Dynamics Corp
MRK Merck & Co
PM Philip Morris Intl Inc
AXP American Express Co
MDLZ Mondelez Int'l Inc Cl A
MMM 3M Co
MSFT Microsoft Corp
UNP Union Pacific Corp
EMC EMC Corp
CAT Caterpillar Inc
ORCL Oracle Corp
SBUX Starbucks Corp
UTX United Technologies
GS Goldman Sachs Grp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.