RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
(2022-11-06, 09:30 PM)ferran Wrote: Hi David,
In your latest market breadth video you mention that a low risk strategy to get market exposure would be through industry/group ETFs. Makes a lot of sense. However, I'm a bit struggling which ETFs would be representative / get close to the $DJXXX groups from stockcharts.
Do you have any recommended list?
Any other suggestions to get to an ETF overview?
It is a bit hit and miss with the ETFs, as some track really well, whereas others don't or don't exist. So sometimes you have to make your own proxy of the group, which can be done via the partial positions in 3 to 5 of the leading stocks in the group. Or even just trade the via the market index etfs like the Nasdaq 100 or S&P 500 until setups are ready, and then you can trim the ETF exposure to buy individual stocks gradually.
ETF DB can be a good starting point to find the ETFs. etfdb.com
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.