To make great money through stocks in a bull market, you need to be able to consistently find the strongest stocks at different times.
And while doing so isn’t exactly easy, it doesn’t have to be as difficult as many people try to make it.
Instead, here’s what you need to do…
When the stock market is climbing, there are plenty of good stocks to choose from.
But we don’t want just ‘good’ stocks; we want the great ones.
And identifying the great stocks at any given time starts with 1 thing—locating the strongest market sector.
Once you can do that, the top stocks from the strongest sector will be some of the healthiest in the entire market.
Now, when seeking the strongest sector there are a few aspects of each sector to look at, including:
• Relative strength over 1 month,
• Relative strength over 3 months,
• Relative strength over 6 months,
• Percentage of stocks advancing, and
• Percentage of stocks hitting new highs.
These aren’t the only things to look at, but they are the major indicators.
Simply enough, the strongest sectors will be near the top of the list regarding each or most of these categories.
And here is where you may have a choice…
1 sector will usually stand out from the rest, including in the 6 months area of the equation.
Now, 6 months can be a long time for 1 sector to be at the top of the list, so it may be ready to slow down. However, it could clearly be the healthiest market sector at the moment.
So, you can choose to select stocks from that sector, or look for an up-and-coming sector that could reign over the other sectors very soon.
That sector would be lower down on the list in the 6 months category, but very high on categories like 1 month relative strength and percentage of stocks with new highs.
Then it’s all about finding the best stocks in the best sector.
Right now, healthcare and technology are the strongest sector and up-and-coming sector respectively.
Through my Tech Stock Jackpot service, I pick out the top technology, biotech, etc. stocks for my readers, which come from the technology and healthcare sectors.
Check your email for a special invitation to join Tech Stock Jackpot.
