(Weekly)Quick Sector Opportunity Analysis - PRECISION TRADING LABS
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(Weekly)Quick Sector Opportunity Analysis

There are two approaches to trades: 

  1. Look to catch tops and bottoms to trade major reversals, or 
  2. the more consistent way of identifying a valid trend, sometimes across timeframes, and going with the flow. Trade with the current and ride the wave of sentiment and institutional trading.

Trading isn’t easy. But trading WITH the market or a sector, whether it’s rising or falling, and not fighting the current, is certainly less difficult.

Here are screens of Sector Performance for the past week and month. Lately we’ve generally had both strong and weak sectors, but this week everything was weak, to a greater or lesser degree:

This week materials (XLB) and the financial (XLF) sectors were the weakest, each diving by over six percent. On the less weak (“relatively strong”) side, tech (XLK) was flat, while consumer discretionary (XLY) products and healthcare (XLV) were down by less than one percent. Looking at this in the context of monthly performance, we see opportunities in these numbers.

For the rolling month (past 4-5 weeks), XLK and real estate (XLRE) are the strong sectors, with tech up 6.5% and real estate up 4.8%. Combining the weekly and rolling month performance, tech held up well in the context of a weak week, showing relative strength by staying flat. As comparison, the S&P 500 (SPY) was down 2.2%, while the Dow fell 3.3%.

Our plans:

Look for setups Tuesday morning before the market opens!

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I have handed you some valuable information
Now let me show you how to use it.
You see, information is good… but ACTION is better.
After working with thousands of experienced traders and want-to-be traders, in all kinds of market conditions, over the past seven years, I have found that the best way I can help you get immediate and tangible results is with our Show Me The Money Call. 
It’s where you hop on a live, 17 minute Zoom call with me where I will share my screen and take you through our exact process to determine and execute a winning trade right there on the live call, including the precise exit points of the trade.
No more guessing on your own whether something will work or not….
We do all the heavy lifting and provide you with the exact steps you’ll need to make so you can start seeing results immediately.
You can choose to make this trade yourself, or make it in a simulated trading account, or just sit back and enjoy watching how we come out ahead of the game, day in, day out, week in, week out, year in, year out…
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See you there,
Ryan

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