Birds of a feather flock together, right? The same can be said for sectors of the market. This phenomenon, commonly known as sector rotation, allows traders to take advantage of economic cycles in which sectors tend to move in the same direction at the same time. By being able to identify sectors that are able to start trending, traders can gain a significant edge in the market.
Watch the video below as we identify the downward trend of the Basic Materials sector as well as some recent swings to the upside in the Healthcare sector.
Market Forecasts for Arcelor Mittal ($MT), DuPont ($DD), Huntsman ($HUN), Methanex ($MEOH), U.S. Steel ($X), E-Mini DJIA, Biogen Idec ($BIIB) and Celgene ($CELG)
Profitable trading opportunities exist every day but traders must know where to look and when to move. With predictive trading software such as VantagePoint – you’ll never miss a beat.