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).

CL Colgate-Palmolive Co
ABBV AbbVie Inc
HON Honeywell Intl
ACN Accenture PLC (Ireland) NEW
ALL Allstate Corp
MCD McDonald's Corp
UNH UnitedHealth Grp Inc
JNJ Johnson & Johnson
MDLZ Mondelez Int'l Inc Cl A
TXN Texas Instruments

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.