General Market Overview
This video is the first of many, and I discuss the behaviors of the sectors and potential markets that are poised to trend in the near future. The "freshest" sectors quietly trying to start a new trend are the Industrial and Consumer Discretionary Sectors. The sectors (along with their industries) I think should be on every trend follower's radar are:
XLF - Financials Sector (including some real estate stocks): setting up to break out of its 5 month range; main movers are the bank industry (not the Goldman Sachs and Morgan Stanley kind of banks)
XLI - Industrials Sector: breaking out today with the possible trend beginning here in an unpopular sector; main movers are the service industries
XLK - Technology Sector: obvious uptrend that should be followed with caution, but is getting ready to continue; main movers are the software and IT services & consulting industries
XLP - Consumer Staples Sector: in early stages on uptrend with possible correction or continuation in the near future; moved by multiple industries
XLRE - Real Estate Sector: also in the early stages of possible uptrend; main movers of sub-sector have been REITs
XLU - Utilities Sector: also in the early stages of possible uptrend; main movers are electric utilities industry
XLV - Health Care Sector: uptrend already in motion with test of all-time highs today, with great potential for trend continuation; main movers are medical equipment and managed health care industries
XLY - Consumer Discretionary Sector: breaking out today with the possible trend beginning here in a sector where the media does not favor much; main movers are the apparel, discount, footwear and auto industries (mostly retail)
I am going to do more videos on how I diversify my portfolio, and how to create such a portfolio according to what is moving in the whole market so it would be great to get feedback from this video that I can include in those, and also ideas on material you would like to see more of!
Thanks, enjoy.
XLF - Financials Sector (including some real estate stocks): setting up to break out of its 5 month range; main movers are the bank industry (not the Goldman Sachs and Morgan Stanley kind of banks)
XLI - Industrials Sector: breaking out today with the possible trend beginning here in an unpopular sector; main movers are the service industries
XLK - Technology Sector: obvious uptrend that should be followed with caution, but is getting ready to continue; main movers are the software and IT services & consulting industries
XLP - Consumer Staples Sector: in early stages on uptrend with possible correction or continuation in the near future; moved by multiple industries
XLRE - Real Estate Sector: also in the early stages of possible uptrend; main movers of sub-sector have been REITs
XLU - Utilities Sector: also in the early stages of possible uptrend; main movers are electric utilities industry
XLV - Health Care Sector: uptrend already in motion with test of all-time highs today, with great potential for trend continuation; main movers are medical equipment and managed health care industries
XLY - Consumer Discretionary Sector: breaking out today with the possible trend beginning here in a sector where the media does not favor much; main movers are the apparel, discount, footwear and auto industries (mostly retail)
I am going to do more videos on how I diversify my portfolio, and how to create such a portfolio according to what is moving in the whole market so it would be great to get feedback from this video that I can include in those, and also ideas on material you would like to see more of!
Thanks, enjoy.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.