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).

HON Honeywell Intl
BRK.B Berkshire Hathaway'B'
TXN Texas Instruments
LMT Lockheed Martin
LOW Lowe's Cos
ACN Accenture PLC (Ireland) NEW
USB US Bancorp
HD Home Depot Inc
WMT Wal-Mart Stores
UTX United Technologies
BIIB Biogen Idec
DIS Disney (Walt) Co
CSCO Cisco Systems
MDT Medtronic plc
TGT Target Corp
BAX Baxter Intl
FDX FedEx Corp
RTN Raytheon Co
AMGN Amgen Inc
MMM 3M Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.