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Tuesday, May 06, 2008

Recent Sector Rotation

Very interesting sector moves I observed recently. The last two weeks see money flowing heavily into previously weak sectors like Financials, Consumer Discretionary and Technology (see above). On the other hand, previously strong sectors like Energy, Materials and Consumer Staples see outflows.

Now the tide seems to have turned again based on last two days (see above). Energy and Materials regained their momentum while Consumer Discretionary and Technology lost steam. The question is can Energy and Materials continue to hang on to their lead? Or will Technology, Financials and Consumer Discretionary finally take over? Watch these sectors closely and let your trades follow the money flows


Earnings reporting is winding down and there are not many key economic data this week

Mon: ISM Service
ARG, ANR, APC, CECO, CLF, HLF, TDW, VMC, WTW, WLL

Tue:
Notable earnings: ACLI, NILE, EXP, JCOM, LAZ, MGM, TAP, NYX, PZZA, PCP, PEG, GOLD, REG, EL, JOE, UBS, UPL, VCLK

Wed: Non Farm Productivity, Pending Home Sales
Notable earnings: BBBB, FWLT, FTO, RIG

Thurs:
Wholesale Inventory
Notable earnings: AEM, AIG, ATW, CELG, NVDA, OMG, PDC, PCLN, TBSI, TSO, TM

Fri: Trade Balance

3 Comments:

Anonymous Anonymous said...

Where do you get the money flow chart?

11:59 PM  
Blogger Simply Options Trader said...

These sector performance chart are from stockcharts.com

You may also want to refer to this link: http://simplyoptionstrading.blogspot.com/2007/07/where-to-get-sector-rotation.html where I compiled a list of other sources for checking out sector movements.

12:27 AM  
Blogger Tony Chai said...

Hi :

Another great tool you can use is Prophet.net industry ranking chart at
http://www.prophet.net/explore/sectorPerformance.jsp?sortBy=1203724800000&orderBy=-1&interval=7&show%3Cbr%20/%3EPercent=false&period=3m

I think SOT has great articles leading to how to use the above-mentioned chart.

Cheers.

Regards,

Tony Chai

10:14 AM  

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