2023’s Winning Industries: These Sectors are Dominating the Stock Market

WYCKOFFPRO
2023-05-03

Discover the leading sectors and industry groups of 2023 and use this top down approach for stock selection to trade the strongest stock in the leading group and sector.

The second best performing group is my favorite as it is on the verge of outperform the S&P 500. Watch the video below to find out. @TigerStars $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $DJIA(.DJI)$ $NASDAQ(.IXIC)$ $Invesco QQQ Trust(QQQ)$

The bullish setup vs. the bearish setup is 438 to 160 from the screenshot of my stock screener below pointed still a positive market environment with no shortage of the trade entry setup.

However the market breadth is still neutral towards positive, which suggested now is not the time to be aggressive as volatility kicks in for the breakout setup.

The video above is part of the latest Weekly Live Group Coaching Session (1.5 hours) on 25 Apr 2023. Click to visit TradePrecise.com to get more stock market insights in email for free.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • WYCKOFFPRO
    2023-05-28
    WYCKOFFPRO

    This is an important post. Watch the video if you have not. 

    As the market breadth is still lousy, trading needs to be selective, only focus on the leading sector and thd outperforming stocks. 

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