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Sector

XLE - Interesting Trendlines Confluences. This is interesting, Explains the recent chops in the Market and Energy stocks. If this so called bottom in oil any good, then we should see some improvement in this sector, along with this HUGE sector, the market will get better. Apart from this chart - DIA - Broke out. MDY - Broke out. The next is SPY ? we shall see. ------- as a note to fellow traders, At any given point in time, you should know where the Sectors are. This should drive your trading decisions. Not a news article, that says, "oh Oil is at the bottom, buy them"
AMEX:XLE
by UDAY_C_Santhakumar
2
Strength in Defensive SectorsSince the Pullback in Oct 2014 - The Defensive Sectors are rocking and rolling. This means, investors are running for safety. Risk is being taken off from the Cyclical Sectors. - The Sensitive sectors (the largest distribution in the pool) with 40% weight on SPY, 67% Weight on QQQ, 35% on IWM. This explains the new high with IWM, and QQQ not testing the high. You can drill down deeper in finding the sector / industry that is stronger. Sectors : Healthcare - Heavy weight Defensive (SPY - 15%) Consumer Staples - Mid High Defensive (SPY-10%) Utilities - Light Weight Defensive (SPY - 3%) List of Industries in Defensive Utility Conventional Electricity, Telecommunication Fixed Line, Gas Distribution, Water Healthcare Biotechnology, Health Care Providers, Medical Equipment, Medical Supplies, Pharmaceuticals, Consumer Staples Brewers, Distillers & Vintners, Drug Retailers, Food Products, Food Retailers & Wholesalers, Non Durable House Products, Soft Drinks, Tires, Tobacco By Playing the Strong Sectors / Industries the odds are stacked in your favor,
AMEX:IWM
by UDAY_C_Santhakumar
5
TSO vs XOP vs VLO vs COPIn the Oil Exploration and Production Sector, There are few stocks with a little bit of strength. One such ticker is TSO. The Question is, Is it going to hold the trend? or CRAP out of the trend and ROLL Over. Either way, All TSO needs is to see Crude Oil Gains a little strength, then we have a good probability of a breakout. The Second to this list would be VLO with a bit more strength than COP and the Sector. btw, for those not familiar with XOP - this sector has a wide stock distribution. The Top 10 stocks in this sector constitutes only 12%. Sector also carries heavy weight on TSO with 2% and the top holding. TSO Tesoro Corporation Common Stock 2.09% PBF PBF Energy Inc. Class A Common 1.92% INT World Fuel Services Corporation 1.80% MPC Marathon Petroleum Corporation 1.74% VLO Valero Energy Corporation Commo 1.68% COG Cabot Oil & Gas Corporation Com 1.68% CVI CVR Energy Inc. Common Stock 1.63% EQT EQT Corporation Common Stock 1.62% WNR Western Refining Inc. Western R 1.60% XOM Exxon Mobil Corporation Common 1.59%
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by UDAY_C_Santhakumar
3