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).

WFC Wells Fargo
INTC Intel Corp
HON Honeywell Intl
AXP American Express Co
MSFT Microsoft Corp
UPS United Parcel'B'
MS Morgan Stanley
JNJ Johnson & Johnson
COST(F) Costco Wholesale Corp
DOW Dow Chemical
V Visa Inc
GE General Electric
RTN Raytheon Co
GS Goldman Sachs Grp
BA Boeing Co
ALL Allstate Corp
VZ Verizon Communications
BK Bank of New York Mellon Corp
CVS CVS Health Corp
TGT Target Corp
PM Philip Morris Intl Inc
MDT Medtronic plc
UTX United Technologies
MET Metlife Inc
TXN Texas Instruments
MMM 3M Co
LOW Lowe's Cos

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.