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).

MMM 3M Co
GD General Dynamics Corp
AXP American Express Co
ABBV AbbVie Inc
BA Boeing Co
JNJ Johnson & Johnson
WFC Wells Fargo
LMT Lockheed Martin
TGT Target Corp
AMGN Amgen Inc
CL Colgate-Palmolive Co
COF Cap One Finl
C Citigrp Inc
MRK Merck & Co
KO Coca-Cola Co
HON Honeywell Intl
COST Costco Wholesale Corp
MET Metlife Inc
HD Home Depot Inc
PEP Pepsico Inc
AIG Amer Intl Grp
SBUX Starbucks Corp
ABT Abbott Laboratories

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.