Sector Watch
A glance at the first sectors in motion post in
TradersWire Interactive can many times be a catalyst to spot
potentially profitable trades.
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09:44:37
Sectors in Motion
Strongest Sectors – Airlines ($XAL.X)
up 1.34%.
Weakest Sectors – Biotechs ($BTK.X)
down 2.21% and TheStreet.com Internet Index ($DOT.X)
down 2.15%
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Here is an alarm being sounded that the market is opening weaker and the
issues leading it lower are in these certain sectors. When an Intraday Setup Alert
goes out in a related stock about 45 minutes later, the stage is set.
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10:25:31
Intraday Setup Alert
The Biotech Holders ETF (BBH)
is beginning to stage a possible false rally off its intraday low. The BBH
is down 1.80 to 117.55.
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The alert goes up just in time to front-run a move to the
downside of 1 1/2 points over the next few minutes. Look at the strongest and
weakest sectors on the day, then look for related issues moving in the same
direction as the market and the sector. This formula should reward you often
with short-term successes.
Until tomorrow,
Duke