Scan for  Sector Rotation. 

A comprehensive guide on how to use sector rotation as a trading strategy, how to perform top-down analysis, and how to use a stock screener and technical analysis to identify potential trades.

Sector Rotation: The concept of sector rotation, which involves shifting investment assets from one sector of the economy to another. How to identify stocks with the greatest chance of following through.

Top-Down Analysis: The importance of top-down analysis, which involves looking at the market as a whole rather than focusing on individual stocks. This approach can help traders identify trends and avoid common mistakes.

Stock Screening: Pete demonstrates how to use a stock screener to identify stocks that have made a new 20-day high and have increased by at least 2% from the open. He emphasizes that these stocks are likely to be where the “smart money” or institutional investors are moving.

Technical Analysis: How to use technical analysis to identify breakout stocks. He explains that these stocks are likely to have large green candles, indicating strong buying pressure.

Sector Analysis: How to analyze sectors to identify which ones have the most stocks meeting the criteria. He shows that the communication services sector has the most stocks that are up, have increased by at least 2% from the open, and have made a new 20-day high.

Semiconductor Stocks: Pete identifies semiconductor stocks as potential trades based on his analysis. He shows that two of the top twelve stocks meeting his criteria are in the semiconductor sector.

Related Articles

Stocks & Options For Breakfast | Bull Market Breakouts

Stocks  Long stock ideas Financials (BAC, GS) with potential for pullbacks but overall bullish  Healthcare (BHVN, JNJ) showing relative strength  Technology (DOCS) early uptrend Short stock ideas Basic materials (AEM, STLD) clearly bearish sector Energy (XOM, CVX) at support levels but potential to go lower  Risk management Position sizing critical in volatile markets  Use stop…

Stocks To Watch: Earnings Season Begins

Stock Trading Pro Pete Renzulli discusses the start of earnings season and provides insights on various stocks to watch. Pete emphasizes the importance of not letting headlines scare investors away from good ideas and highlights the financial sector, specifically mentioning JP Morgan and American Express. They also suggest categorizing stocks into different lists based on…

Final Thoughts: The Future of Stock Markets and Trading

Navigating the Waves: A Journey Through the History of the Stock Market, Investing, and Trading Key Takeaways: AI and robotics are not just replacing traditional jobs, but also creating new ones, altering the future of work. Nanotechnology is causing significant advancements in sectors like healthcare and environmental conservation. Biotechnology brings potential medical breakthroughs but also…

Is TESLA Stock Topping Or Pausing?

Outline Introduction Importance of understanding earnings and their impact on stock prices Example of RCL (Royal Caribbean) and its price movement after earnings   Analyzing Stock Price Movement Importance of looking for separation from the earnings price No trade opportunity if the stock couldn’t hold the earnings price The excitement of trading when there’s no…

The Impact of COVID-19 on the Stock Market: A Comparative Analysis of Pre and Post Pandemic Eras

Key Takeaways: The pre-COVID-19 era was marked by a robust global economy and stock market performance. The pandemic triggered dramatic market sell-offs and historic drops, leading to fear-driven investor behavior. Government interventions and central bank measures aimed to stabilize economies and markets. The post-COVID-19 era saw gradual market recovery and shifts in investor preferences, favoring…

Responses

Your email address will not be published. Required fields are marked *