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).

GE General Electric
MDT Medtronic, Inc
MDLZ Mondelez Int'l Inc Cl A
INTC Intel Corp
TXN Texas Instruments
MMM 3M Co
EBAY Ebay Inc
ABBV AbbVie Inc
DOW Dow Chemical
GD General Dynamics Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.