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).

UTX United Technologies
MDT Medtronic plc
HON Honeywell Intl
DIS Disney (Walt) Co
LOW Lowe's Cos
NSC Norfolk Southern
AAPL Apple Inc
HD Home Depot Inc
COST Costco Wholesale Corp
SBUX Starbucks Corp
CMCSA Comcast Cl'A'
LMT Lockheed Martin
PG Procter & Gamble
RTN Raytheon Co
MO Altria Grp
UNP Union Pacific Corp
TGT Target Corp
TXN Texas Instruments
CL Colgate-Palmolive Co
QCOM Qualcomm Inc
FOXA Twenty-First Century Fox Inc A

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.