Using Sector Analysis For Trades and Finding Good Stocks

Swing traders need to know where money is flowing, and the easiest way to do that is continually analyze strong and weak sectors.  Currently while in the midst of a tough market, biotechnology is breaking out to new highs.  That is where the smart money resides.
There are two ways to play this.  First is to look for a good entry into a biotechnology ETF like IBB or BIB, likely on pullback to the breakout level.  Second is to move to individual stocks and pick a stocks with the best setups for long entry.

I will watch how IBB handles a retest of the old high at $280 for a trade entry.

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