Forest to the Trees method – Industry Groups Relative Strength Rankings
The top down approach is part of Stan Weinstein's & Wyckoff's methods. So each week I do a Group Focus for the Stage Analysis members in the private twitter feed. The recent ones have been:
Home Improvement Retailers - 3/21
Home Construction - 3/28
Semiconductors - 4/3
Internet - 4/11
Software - 4/18
104 Dow Jones Sector Industry Groups
104 Dow Jones Sector Industry Groups sorted by Relative Strength. Purpose is to track RS changes across the groups each week using stockcharts SCTR rating.
Attached current top 50 sectors plus sectors with the strongest moves this week and YTD
You can find out which stocks are in each industry group by going to https://stockcharts.com/freecharts/indus....html#&t=T and clicking on the name of the group
Group focus: Software
This weeks group focus is on the Software group which made a continuation breakout attempt.
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.