The IBD Industry Groups Bell Curve – Bullish Percent shows the few hundred industry groups plotted as a histogram chart and represents the percentage of stocks in each group that are on a point & figure (P&F) buy signal.
This information provides a snapshot of the overall market health in a unique way, and is particularly useful for both market timing strategies and as a tool in aiding with the Stage Analysis methods "Forest to the Trees" approach, where we look for developing group themes.
This weeks post is for Stage Analysis Members only, but you can see a full, unlocked post from early November as an example if you are interested in seeing this very useful data each week. Go to: IBD Industry Groups Bell Curve – Bullish Percent – 3 November 2023
Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.