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).

LMT Lockheed Martin
TXN Texas Instruments
UPS United Parcel'B'
MMM 3M Co
CVX Chevron Corporation
WFC Wells Fargo
UTX United Technologies
EMR Emerson Electric Co
UNP Union Pacific Corp
KO Coca-Cola Co
GOOGL Google Inc Cl A
CVS CVS Health Corp
BIIB Biogen Idec
MA Mastercard Inc
COP ConocoPhillips
BA Boeing Co
T AT&T Inc
AMGN Amgen Inc
PEP Pepsico Inc
MDT Medtronic, Inc
USB US Bancorp
GE General Electric
V Visa Inc
HON Honeywell Intl
PM Philip Morris Intl Inc
XOM Exxon Mobil
SLB Schlumberger Ltd
AMZN Amazon.com Inc
HD Home Depot Inc
MDLZ Mondelez Int'l Inc Cl A
SO Southern Co Inc
DVN Devon Energy
GD General Dynamics Corp
NSC Norfolk Southern
OXY Occidental Petro

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.