Sector Performance | Daytrader Bootcamp

Sector Performance

July 24th, 2012
Posted in The Closing Print
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There is always a bull market somewhere if you know where to look.

Yesterday, in our pro chat room, a number of folks considered home builders ripe for a short, whilst I was looking long. Two sides for every trade became obvious yesterday. So, what is it that I see compared to what these traders see? Who is right? We won’t know until the setup breaks out or breaks lower. The point is we were looking at home builders and as the chart illustrates it’s been the number one sector the past three months, at least on BigCharts.

Sector performance for the 10 best and worst industries.

I will cover in detail in subsequent posts how trading sectors will increase your performance and enhance your odds of profitable trades. I’m all about odds…….

-CV

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