Saturday, January 15, 2011

Sectors and industries

These are few sectors and industries that look nice over here. While selecting stocks, it makes sense to go with a sector that is doing well to increase the odds of a winning trade. Most of the sectors and industries have bullish charts here, though some with negative MACD divergences. The one sector that does look bearish is gold and silver. Following are the charts of three sectors that I particularly like.

Nasdaq Banking Index

Amex Disk Drive Index

Utility Sector Index

If you readers have any charting requests, send them here.

Take care and good luck!

No comments: