Thursday, January 14, 2016

Finding Market Leaders with M3....01.14.16

The indices do not move in sync. There is a constant rotation of strength within the sectors and this is reflected in the ebb and flow of SPY, QQQ and IWM (for example).  Since we want to place our trades where the odds for success are highest a simple short term momentum scan of this triad (or any others of your choosing) can frequently deliver a risk/reward result superior to a SPY buy and hold.
Click on picture to enlarge.