The Strongest Sectors often lead with the Big trends. Stocks have a tendency to follow with those big trend moves The more you study the markets the more you see how stocks generally follow the movements in sectors. A simple hierarchy exists in the markets.
Markets lead Sectors and Sectors lead stocks.
Knowing about this hierarchy helps you focus your attention in the right direction.
Without this market awareness, you are shooting blindly at the dart board.
We discussed this idea in a prior post. Click here to review the ideas.
Today our friends at Technical Traders discuss the trends they are seeing in the strongest sectors.