PowerRatings Heat Map Focus: Metals and Mining
Today’s
PowerRatings Heat Map article will focus on the Metals and Mining sector.Â
This is one of the few sectors with high PowerRatings stocks. Each square
contains one stock symbol and is color-coded by it’s PowerRatings number. Stocks with high PowerRatings (8 or higher) have been
historically proven to outperform the S&P 500 over the next 5 sessions by up to
a 14.7 to 1 margin. Low PowerRatings have been shown to underperform the
S&P 500 over the next 5 days. These stocks should be put on a list of stocks
to avoid. More aggressive traders may want to keep an eye on these stocks
for a potential short entry.
With
PowerRatings Heat Maps we can quickly look at the market as a whole and see
where our historical edges are or we can zoom in on a particular sector for a
deeper look. Also, Heat Maps are updated throughout the day to provide you
the most up-to-date information as the market changes.
Here we have a close up of the Metals and Mining sector:
We will look at daily charts of high PowerRated stocks in this
sector.Â
AK Steel Holdings
(
AKS |
Quote |
Chart |
News |
PowerRating)
Steel producer AK Steel
(
AKS |
Quote |
Chart |
News |
PowerRating) also has a high PowerRating of
8. Stocks which have had a PowerRating
of 8 have outperformed the S&P 500 index on average over the next 5 days by a
5.8 to 1 margin. This incredible stock is currently up 95% since the beginning
of the year. Pullbacks like these offer potential entries into stocks that
are in strong uptrends.
Potash Corp.
(
POT |
Quote |
Chart |
News |
PowerRating)
Fertilizer producer Potash Corp.
(
POT |
Quote |
Chart |
News |
PowerRating) has a PowerRating of
8. Potash has also had a nice run from the beginning of the year with gains of
31.7%. Keep this stock on your watchlist and monitor for potential
entries.
Titanium Metals Corp.
(
TIE |
Quote |
Chart |
News |
PowerRating)
Titanium producer Titanium Metals Corp.
(
TIE |
Quote |
Chart |
News |
PowerRating) has a high PowerRating
of 8. The metals sector has recently pulled back and potential buying
opportunities are starting to show themselves.Â
If you would like to attend a free class which covers this
research and strategy further, please
click here
for the calendar of the upcoming online classes. Topics
covered include our latest research on
entries and exits, and
how to use PowerRatings with our new
Preferred Stock List.
For a free PowerRatings trial,
click here. If
you have any questions about PowerRatings or the new Stock Indicators please
feel free to email us or call 213-955-5858 ext 1.
Darren Wong
Associate Editor
Reminder: We are in no way recommending the purchase or short sale of these
stocks. This article is intended for education purposes only. Trading should be based on your own understanding of market conditions,
price patterns and risk; our information is designed to contribute to your
understanding.