What if I told you that I have the ability to predict which sectors will be the strongest and weakest over the next four months?
You’d probably ask me what’s in my drinking water…
Those of you who have been following my daily analysis videos already know that I have a unique Cumulative Strength Index scan that I run. It helps me gauge things like the S&P 500 and Nasdaq to find stocks to go long or short on.
In this video, I thought I’d explain how my CSI scan tells me what sectors to target before they take off, the strongest stocks in those sectors to trade and the weakest names to avoid.
How My CSI Scan Tells Me What Sectors to Target
Now, most people don’t know this but you could use my CSI scan to figure out which sector ETFs to trade because each one of them are tradeable.
You could trade the top 3 sectors, for example, and then buy a put option on the weakest.
But you could also take it one step further and organize the sectors on my CSI scan by strength…
And because energy and consumer staples are the strongest stocks, we could zoom in on just those types of companies.
I mean, how many times have I mentioned stocks like Dollar Tree Inc. (Nasdaq: DLTR) and Kroger Co. (NYSE: KR) in my daily videos in the past couple of months?
Both stocks have been at the top of my CSI scan for a while now, and when certain stocks get to the upper edge of my scan, they tend to rally for months on end!
But now let’s say you want to look at the weakest stocks…
I also have you covered on that end.
Check out the short video at the top of this page to learn more about how my CSI scan tells me what sectors to target before they take off.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video, and see what other trade opportunities we’re paying close attention to!
P.S. All eyes are on the Federal Reserve right now…
That’s because the Fed only has two options left at this point… Either hike interest rates in a slowing economy, which could trigger a recession, or could ease up on hikes and let inflation get even worse.
It’s pinned both ways…
And traders who aren’t ready for either outcome are probably feeling a bit worried.
So I’ve decided to put together a training session where I’ll outline my next few moves and reveal what I believe could be the best trading opportunity I’ve ever seen.