RE: Stage Analysis Beginners Questions
(2021-09-03, 01:12 PM)fabi470 Wrote: Ok, i understand. This makes sense.
I guess i have to be a bit more precise about my question: each weekend i look at the current SCTR score of all sectors (XLE,XLF, and so on). In addition to that i will look at the current S&P500 SCTR score.
One example: last weekend (i only do these "bigger screens" or preparations on the weekend due to my full time job) i watched at the current SCTR scores (numbers are not the real ones):
XLF: 86
XLE: 45
XLU: 72
SPY: 80
So in this case, as only the financial sector (XLF) has a better SCTR than the SPY, i would only look for stocks in the financial sector to buy in the upcoming week.
Does that makes sense?
Your interpretation is correct, but you also need to track SCTR score changes, as if a sector is underperforming the S&P 500, but starts strongly rising up the rankings, then you can start looking for stocks in that sector earlier.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.