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
AXP American Express Co
GS Goldman Sachs Grp
JPM JPMorgan Chase & Co
C Citigrp Inc
BRK.B Berkshire Hathaway'B'
MS Morgan Stanley
BK Bank of New York Mellon Corp
USB US Bancorp
UPS United Parcel'B'
HD Home Depot Inc
UTX United Technologies
CVS CVS Health Corp
FDX FedEx Corp
NSC Norfolk Southern
ALL Allstate Corp
TWX Time Warner
XOM Exxon Mobil
ABBV AbbVie Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.