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
CSCO Cisco Systems
MSFT Microsoft Corp
QCOM Qualcomm Inc
FOX Twenty-First Century Fox Inc B
EMR Emerson Electric Co
COF Cap One Finl
DIS Disney (Walt) Co
FOXA Twenty-First Century Fox Inc A
UNP Union Pacific Corp
ACN Accenture PLC (Ireland) NEW
LOW Lowe's Cos
TXN Texas Instruments
V Visa Inc
NSC Norfolk Southern
CAT Caterpillar Inc
BIIB Biogen Inc
INTC Intel Corp
TWX Time Warner
UTX United Technologies
BMY Bristol-Myers SQUIBB
AMGN Amgen Inc
HD Home Depot Inc
UPS United Parcel'B'
MDLZ Mondelez Int'l Inc Cl A
CVS CVS Health Corp

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.