| | | | Something has been on my mind lately…
With the election coming up, a lot of people are talking about “sector rotation.”
And specifically how money is moving towards the Energy Sector…
But here’s what bugs me…
The energy sector encompasses a number of different Industries…
Including:
Solar…
Oil and gas…
Alternative energy…
Exploration…
But the truth is, not all of these industries are doing well despite being in the “energy sector”
It’s really just the stocks in the oil and gas industry…
Stocks, like Marathon, Chevron, Occidental, British Petroleum, Exxon…
And when it comes to picking stocks to trade, the industry group plays the biggest factor.
In fact, 50% of a stock's performance can be tied to the industry group it belongs to…
That means choosing the right industry is half the battle when choosing the stocks to trade…
Not technicals…
Not fundamentals…
Not the sector…
Don’t believe me? Google it.
Anyways, it’s the sole reason we developed an Industry Screener.
It goes one layer deeper than the traditional sectors.
It shows me the best industry within the sectors themselves…
And ultimately the best stocks inside those industries.
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