Category: sector watch

  • Sector Watch: Coal

    Coal is currently one of my favorite sectors for long trades. Among coal stocks, PCX has one of my favorite patterns. Entry at the bottom of the bullish flag consolidation range is ideal.

  • What’s Worked Over Two Different Time Frames

    Below are two sector lists. The first is the best performing over the past year, while the latter lists them over the past month. The sectors that show up on both lists are the ones I am most interested in right now, since it seems to be where most feel…

  • Sectors Nearest New Highs

    Here is a list of sectors ranked according to “percent of 52 week high”. Most sectors on this list will come as no surprise. However, “regional southwest banks” threw me for a loop. I dug deeper and looked at individual stocks and did not find one that I’d put on…

  • Industry Strength

    Here is a list of the top performing sectors of the past week. My favorite technical pattern is Steel.

  • Time to Reload Shorts?

    Some beaten sectors have retraced to levels that make for attractive short entries. High on my list is education services. As for individual stocks, my watchlist includes CPLA, APOL, DV, EDU, LTRE and CECO.

  • The Ag Gap

    I sure am glad I decided to wait for more of a bounce to short ag. Geez. All of the ag stocks are making big moves based on this headline, “Monsanto ups profit view on corn, herbicide strength,” and a few other headlines. I’m going to take a step back…

  • Quick Thought: The Commodity Bounce

    Many broken commodity plays, like the ag sector, have made big bounces today (as of 11:35 AM ET). Keep an eye on volume. One of two things is going to happen: 1. A low volume bounce which will be a “dead cat” signal. If this happens I will intitiate shorts…

  • Sector Review

    Here are the top performing sectors last week. There isn’t much that has me excited here. Most of them were bounces from some of the worst industries over the past few months, like mortgage, cement and building materials. One sector I do like is Ag Chemicals.

  • Sector Review

    This was not a great week for the market. We still don’t know if the character of this bull market has changed or it was just a natural correction. Either way, after a negative week, it pays to make note of what is working. During a week where every major…

  • Sectors that are Working in this Volatile Market

    Two sectors that have withstood current volatility and selling pressure are Education Services and Aerospace/Defense. A few stocks from these sectors of particular interest are CPLA, EDU, BEAV and ATK. CPLA Chart: BEAV Chart:

  • 10 Sectors to Play if You are a Bull

    Here are the best performing sectors over the past week. If we get a signal to go long, these are the sectors you want to put in play. On Thursday I put forth a short strategy that attacks momentum stocks that are extended, handled Thursday’s correction poorly, and fail to…

  • 5 Sectors to Watch this Week

    I will be watching the following sectors closely this week: Industrial Metals recently broke out to new highs and is now consolidating gains. I am looking for low volume weakness in the sector’s strongest stocks, which include FDG, BOOM and BBL.

  • Sectors Posting Five Days of Gains

    The following 15 sectors have posted positive gains 5 days in a row: Sectors that have me interested include: beverages, aerospace/defense, oil & gas and ag chemcicals.

  • 10 Sectors and Stocks to Watch

    The following 10 sectors had a week that rivaled Tom Brady’s week one breakout: I went through the top 10 sectors and picked one or two stocks from each: ABX & AEM (Gold)DVA (Specialized Health Services)LVS & WYNN (Resorts and Casinos)XMSR (Broadcasting Radio)CELG & ILMN (Biotech)JEC & KBR (Technical Services)CEO…

  • August Sector Review

    It’s a good idea to keep tabs on what’s working and what’s not, so at the end of every month I do a sector review. Here are the top and bottom twenty for August. Bottom 20 Sectors: Top 20 Sectors: Many of the top performing sectors are coming off down…

  • Four Reasons to Sell Steel

    The steel sector, which has been one of my favorites over the past year, has undergone a change in character that now puts it on my “short watchlist.” Four elements make it an attractive short: 1. Signs of distribution, with high volume down days accompanied by low volume updays. 2.…

  • CTRP and Oil Stocks

    There is a good chance I will take a position in CTRP tomorrow: In yesterday’s video webcast, I mentioned that I liked independent oil and gas, along with oil refiners. These five stocks made my “oil” watchlist: WNR, NFX, KWK, DNR and IOC.

  • Sector Analysis: Restaurants

    The restaurant sector has been on fire over the past two months. On the sector chart below we can see a break out at 775 and made a 50 point rise with limited pullbacks. Finally, we have a pullback to the 20 day MA, making this an attractive entry point.…

  • Today’s Trades and A Question About how I Spotted PDE

    In reference to the PDE setup, Rahul asked “Indeed a good trade. Could you tell how it came on your radar.” Sure Rahul, Two weekends ago, I performed a sector screen, as I do every weekend. Energy was one of the stronger sectors that I identified, but I felt that…

  • Sector Spotlight: Energy – Part 1

    Energy stocks having been on fire. While it’s too early to tell, I suspect we may be in the midst of resuming a multi-year energy bull market. I certainly don’t want to miss the boat if this is true, so I skipped my usual Saturday nap (after playing tennis or…

  • Strong Sector Stocks Watchlist

    Here are some stocks on my watchlist. All of these stocks come from the 20 strongest sectors over the past 10 days. I have not included notes because all of the stocks are extended and in need of a pullback. I’m looking for pullbacks to either price support or a…