Registered User
Joined: 12/8/2004
Posts: 30
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How can you scan the Industry Groups to find the leading ones? Or more importantly when they begin to rotate in and out. My belief is that when institutional money moves to a sector and begins buying that sector will begin to move up on the list, that is when you want in, once it actually gets to the top, its basically over. Help please
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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Change your active watchlist to Media General Industry Groups. Rank the list any way you want...the sort list includes criteria to rank by performance over a number of different time periods. You can also use Custom Date Sort to rank by performance for any other time period you choose.
Here are several videos that I think will help you in your industry analysis:
Uncover the stocks driving the strongest industry groups
Using the Industry Menu to analyze stocks relative to their industries and sub-industries
Use Comparison and Relative Strength graphs to compare a stock to the rest of its industry group
Sorting Stocks by their Absolute or Relative Performance
You also may be interested in the following video:
Dame Learner's scan for stocks with increasing EPS over the last 4 quarters
This video uses flagging techniques to find stocks with increasing EPS. The technique finds stocks that were ranked in the bottom quartile several months ago, then the third quartile, then the second, and finally the top quartile. The very same technique could be adapted to finding industries that were underperforming, and since then have been rising in the rankings.
- Doug
Teaching Online!
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