No. of Recommendations: 7
To OP
https://www.shrewdm.com/MB?pid=316073816Is identifying an industry sector which will outperform the market Although the phrase "
will outperform the market" is problematic, there are a couple of easy to use tools available free at Stockcharts to identify regions, sectors or sub-sectors/industries that are trending stronger than "the market" and for the short term (next 3-5 weeks)
more likely than not to outperform the market, due to standard momentum & trend.
One is the sectors list, and using the simple SCTR number (Stockcharts Technical Rank) as a sort.
https://stockcharts.com/freecharts/sectorsummary.h...Another is the Relative Rotation Graph, which is a great visualization of change in relative strength among whatever several symbols you choose - takes a bit of training to understand what it's showing but no big deal.
https://stockcharts.com/freecharts/rrg/?group=sp50...FC
