Sunday, December 5, 2010

Weekly ETF Review and New pics for Dec5 Week

In my last post I had mentioned that I am not that bullish as market was was walking on a thin Ice and was weak. I could jump on or it could roll over.


However as we always do, we allow markets to tell us and then we act. During the week on 1st Dec, it showed us that it wants to go higher and gapped up after creating a very bearish sign on November 30. It gapped up 14-15 points (SPX).


With that bullish sign, I got fully invested in the ETFs that we had on our weekly selection list. Also in some of the regular accounts, I got fully invested with stocks. The name of the game was to get fully invested in all accounts.

Weekly Performance Review:

Top 5 ETF last week were

***********************************

ETF Weekly gain

***********************************

1. AGQ – 19.48%

2. SOXL - 12.29%

3. ERX - 15.44%

4. TNA - 10.08%

5. PALL - 13.11%


--------------------------------------------

Cumulative return of 12.49%

My personal returns were a bit muted and were at 5.01% in line with my KOL ETF which did 4.65%


There is no change in this week's Top Picks Weekly ETF

TOP ETF for this upcoming week are as follows:

I continue to hold these names as we go ahead.

1. AGQ

2. SOXL

3. ERX

4. TNA

5. PALL

We will track these top ETF again next week.

Some points to consider... On SPX, the overhead resistance is at 1125 that we highs that we created on Nov 5. So markets might hang around that or try to shake out.. but as long as we are above the 20 day MA which is now at 1200 (the previous resistance that turned support) we are fine.

I am going on vacation this Tuesday and will not be able able to track markets till next Saturday. But with all stops in place and markets in the bullish mode.. I am not that much worried.. Usually I sell all the positions when I am taking a break but this time I will let the positions ride, since all of them are in green.

Good Luck and hopefully Holidays Spirits enlighten your portfolio and trading accounts.

Tuesday, November 30, 2010

Weekly ETF Review

Weekly Performance Review:

Top 5 ETF last week were

***********************************

ETF Weekly gain

***********************************

1. AGQ - (7.86%)

2. SOXL – 3.37%

3. ERX – 4.10%

4. PALL – (2.33%)

5. KOL – (2.07%)

--------------------------------------------

Cumulative return of (0.13)

Ann % return of 374%.

I am not getting into any postions this week due to market weakness. I am still holding my KOL ETF.

This week's Top Picks Weekly ETF

TOP ETF for this upcoming week are as follows:

These are the top ETF to hold this week

1. AGQ –

2. SOXL

3. ERX

4. TNA

5. PALL

We will track these top ETF again next week.

Good Luck and hopefully Holidays Spirits enlighten your portfolio and trading accounts.

Sunday, November 21, 2010

Weekly Review of ETF and New ETF for week of Nov 22

Again as I pointed out there is historical bias to being positive for the week before Thanksgiving.

Our top ETF picks last week and their weekly returns are as follows:
Top 5 ETF last week were
***********************************
ETF Weekly gain
***********************************
1. AGQ - 14.39%
2. SOXL - 5.71%
3. ERX - 3.26%
4. PALL - 5.02%
5. TNA - 1.40%
--------------------------------------------
Cumulative return of 5.96%.
Ann % return of 374%.

However I due to weakness on Monday and Tuesday, I did not get into any of these except for PALL So my return is like 1.05% due only 1/5 principal being deployed.

SPY's return for the same period were 0.22% and another GTAA (so called choosing the leader Tactical ETF) was -0.44% .

This tells us that picking up Porche is always better than picking up a Chevy Cobalt or a balanced Corolla or Honda.


This week's Top Picks Weekly ETF

TOP ETF for this upcoming week are as follows:
These are the top ETF to hold this week
1. AGQ - Buy on Monday if prices go up .. Stop at $118.00
2. SOXL - Buy on Monday if prices go up - Stop at $39.5
3. ERX - Buy on Monday if prices go up - Stop at $45.00
4. PALL - Buy on Monday if prices go up - Stop at 69.13
5. KOL - Buy on Monday if prices go up - Stop at 42.44

We will track these top ETF again next week.

Some of the stocks of interest this upcoming week
PWER - Huge market manipulation in this stock.. so watch out for short squeeze..

Stocks to watch for upcoming short week
1) HPQ - General Technology Sector
2) DE- Due to positions in CAT
3) UUP - What does King Dollar has up in its sleeves.. Provides clues as we are holding lot of metals, natural resouces and materials ETFs....

Good Luck and hopefully Holidays Spirits enlighten your portfolio and trading accounts.

Thursday, November 18, 2010

Getting Ready for Thanksgiving Treat

Going by History..
A week before Thanksgiving is a very good week for trades.. Buy a week before and then sell on Tuesday or Wednesday before Thanksgiving.

Hence dipping my Toe with Stops..

Buying PALL ETF - 1/4th Position

Also bought a 1/4th of IBN and AAPL today..

All three setting up if we have a nice rally into Thanksgiving should give good profits..

PALL - Stop at 65.69
IBN - Stop at 51.49
AAPL - Stop at 303.98

Tuesday, November 16, 2010

Finding Price targets using Moving Averages

Predictable price behaviors occur around the four major moving averages, 20, 50, 200 and 500 day simple moving averages.

On May 26th, 1896 Charles Dow introduced the industrial average, the Dow Jones 30. Since then there has been a repeatable and predictable price behavior pattern around the four major moving averages

The key is understanding the historical pattern and see if they can give us any clues.

In last 3 sell off, we have seen that SPX has respected its 50 day SMA before making the move down. With today's sell off we have not yet seen the test of 50 day SMA, may be tomorrow we see the test of 50 day SMA before any bounce or any further sell off.


Lets tread one day at a time..



With this kind of price action, I am not buying any ETFs or any stocks.. Staying in Cash is worth it..

Saturday, November 13, 2010

Another Look at Charts - by some one else..

http://ibankcoin.com/chessnwine/2010/11/12/touchy-feely/

Some Charts that I like to watch

These are some of the charts that I like to use to time the market along with some other indicators










Weekly ETF review and new Picks for Nov 13

What a Week....
As pointed out last week that we should expect a correction of around 3% to 5%. That thing started to come alive on Thursday.

We had big down days on Thursday and Friday in terms of our portfolio.

Our top ETF picks last week and their weekly returns are as follows:
Top 5 ETF last week were
***********************************
ETF Weekly gain
***********************************
1. AGQ - (11.18)%
2. SGG - (18.26)%
3. FAS - (9.23)%
4. DAG - (19.23)%
5. TYH - (9.60)%
--------------------------------------------
Cumulative return of (13.7)%.


However I was stopped out of couple of positions like AGQ, SGG and DAG right away on the reversals.

This shows importance of stops in this game.
Even though with stops my returns were -8.23%.

SPY's return for the same period were -2.18%. This tells us that we have to do a better job at protecting our profits. With any strategy involving picking the fast movers.. the chances of accidents and crashes are always there. I will research some better ways to get stops going without manual interventions to get better results.


TOP ETF for this upcoming week are as follows:
These are the top ETF to hold this week
1. AGQ - Buy on Monday if prices go up .. Stop at $108.00
2. SOXL - Buy on Monday if prices go up - Stop at $37.72
3. ERX - Buy on Monday if prices go up - Stop at $43.95
4. PAL - Buy on Monday if prices go up - Stop at 67.80
5. TNA - Buy on Monday if prices go up - Stop at 55.25

I am hoping this correction to get over by Tuesday, Wednesday. Then probably its okay to go back into these ETFs or stocks.

We will track these top ETF again next week.

Some of the stocks of interest this upcoming week
PWER - Huge market manipulation in this stock.. so watch out for short squeeze..
AUMN - I will be buying this on pullback, another volatile stock..
FFIV
ACOM
BKI
CAT

Also I will post when I buy these ETFs on Monday or when conditions are right..

Friday, November 12, 2010

ETFs Closing.. Looks and feels like Heading South

Looks like we are heading South.. So getting defensive....

1. AGQ - Closed this morning
2. SGG - Closed this morning
3. CZM - Will be closing if the price at 3.45 pm EST is below 55.23
4. DAG - Closed
5. TYH - Will be closing if the price at 3.45 pm EST is below 41.28

Sunday, November 7, 2010

How to Control Emotions in Trading

There were lot of traders including myself worried about a big sell off due to all kinds of reasons..
Elections, FEDS, job report, technical levels oversold, RSI divergences, Market in Churns etc..

But following a simple indicators like mentioned below can help you overcome some of the emotions based fear. I am guilty of succumbing to fear and follow emotions instead of following the Markets. Last week had too many ghosts to be scared off so no regrets there as its very easy to jump and buy what you like..

But in past I have been guilty of either getting scared out of position(s) or taking profits too early. So I vowed that next time I will not be scared out of any trades based on my emotions.

I came across interesting articles to overcome such emotions.. Hopefully should help you and they have helped me understand how a simple system is so useful.


Orignal Article can be found here:

Doing some further research on this Heiken Ashi Trend system.. I found that Sylvian Veervoort has done extensive research on this.. and has also developed so called zero lagging moving average indicators

Details and formulas can be found here:


Since I am a thinkorswim FAN.. I am using the following Code for Sylvian's work

#******************************************************
input period = 55;

def price = (high+low+close)/3;

#-----Typical Price ZeroLag Triple Exponential Moving Average

def TMA1 = 3*expAverage(price,period)
-3*expAverage(expAverage(price,period),period)
+expAverage(expAverage(expAverage(price,period)
,period),period);

def TMA2 = 3*expAverage(TMA1,period)
-3*expAverage(expAverage(TMA1,period),period)
+expAverage(expAverage(expAverage(TMA1,period)
,period),period);

def difference = TMA1-TMA2;
plot TypicalPriceZeroLagTEMA = TMA1+difference;
TypicalPriceZeroLagTEMA.setDefaultColor(color.green);

#------Heikin-Ashi Close ZeroLag Triple Exponential Moving Average
rec haopen = CompoundValue(1,((open[1]+high[1]
+low[1]+close[1])/4 + haopen[1])/2, hl2);

def haclose = ((open+high+low+close)/4+haopen
+max(high,haopen)+min(low,haopen))/4;

def HATMA1 = 3*expAverage(haclose,period)
-3*expAverage(expAverage(haclose,period),period)
+expAverage(expAverage(expAverage(haclose,period)
,period),period);

def HATMA2 = 3 * ExpAverage(HATMA1, period)
- 3 * ExpAverage(ExpAverage(HATMA1, period), period)
+ ExpAverage(ExpAverage(ExpAverage(HATMA1, period)
, period), period);

def HAdifference = HATMA1 - HATMA2;
plot HeikinAshiZeroLagTEMA = HATMA1 + HAdifference;
HeikinAshiZeroLagTEMA.setDefaultColor(color.red);

def buySignal = if TypicalPriceZeroLagTEMA > HeikinAshiZeroLagTEMA and TypicalPriceZeroLagTEMA[1] <= HeikinAshiZeroLagTEMA[1] then 1 else 0;

def sellSignal = if TypicalPriceZeroLagTEMA <>= HeikinAshiZeroLagTEMA[1] then 1 else 0;

plot signal = if buySignal or sellSignal then TypicalPriceZeroLagTEMA else double.nan;

signal.setLineWeight(5);
signal.SetStyle(curve.points);

#*****************************************************************

Comparing Both John Carter's and Sylvain's methods. It looks like that Sylvain's method is generating the signal little faster than John's Exponential system..




I also found very interesting thing that at times, Sylvain system might provide an exit signal and then stock can reverse back creating a buy signal. I did not find this kind of reversal in John system.

I believe both has done extensive backtesting but the focus of these similar systems are just a tad bit different

- John's focus might be more robustness on Entry and Exit
- Sylvain's focus might be faster entry /exit signal with a thought that it is easier to get invested after selling off or taking profits rather than giving up profits.



Friday, November 5, 2010

Weekly ETF Review and New ETF buys for Week of Nov 7

Phew !! What a Week....

We had Elections (Tuesday) we had FEDS (wednesday) and then to top things up we had Job reports (Friday).

Elections did not create the much anticipated breakdown nor did FED. Uncle Ben came in and infact stuck to his guns and continued to do whatever it takes to make the Stock market happy.
The initial reaction was not as people had expected (make or break) but next day (Thursday) market broke to new highs for the year.

All the indexes are making new highs and are continuing. Ofcourse we have a very overbought market so I am expecting some sort of correction or consolidation before we take the new leg to upside.

I donot expect correction to last long may be quick 3 %to 5% selloff and then again we continue the ride the uptown train.

As usual we will review the last week's picks and their returns though I did not hold anything

Our top ETF picks last week and their weekly returns are as follows:

Top 5 ETF last week were
***********************************
ETF Weekly gain
***********************************
1. AGQ - 17.09%
2. SGG - 8.91%
3. CZM - 10.18%
4. DAG - 6.67%
5. TYH - 10.01%
--------------------------------------------
Cumulative return of 10.6%.

SPY's return for the same period were 3.58%, which again proves that picking ETF based on strategy is lot better than just parking your money and trying to get market returns.


However the TOP ETF for this upcoming week are as follows:
These are the top ETF to hold this week
1. AGQ
2. FAS
3. SGG
4. DAG
5. TYH

We will track these top ETF again next week.

Some of the stocks of interest this upcoming week
PWER - Huge market manipulation in this stock.. so watch out for short squeeze..
AUMN - I will be buying this on pullback, another volatile stock..
AAPL
FCX
WES

I will post some interesting articles that I saw during this week also.

Saturday, October 30, 2010

Fed Manipulation and Market on Crash Course

Fed Manipulation and Market on Crash Course


http://www.tradingmarkets.com/stocks/commentary/fed-manipulation-and-market-on-crash-course-1268325.html

Weekly ETF Review and New ETF for Nov 1 2010 Week

As I had mentioned in the last week's review that I would like to test this strategy during a market pullback. This week provided an opportunity to test it out.

Our top ETF picks last week and their weekly returns are as follows:
Top 5 ETF last week were
***********************************
ETF Weekly gain
***********************************
1. AGQ -12.53%
2. CZM - 1.25%
3. ERX - (0.60%)
4. LBJ - 2.72%
5. TNA - (0.21%)
--------------------------------------------
Cumulative return of 3.14%.

SPY's return for the same period were 0.07%, which again proves that picking ETF based on strategy is lot better than just parking your money and trying to get market returns.

As I had mentioned last week, I have closed all the positions due to market conditions and bearish patterns on the horizon.

However the ETFs are showing that there is still strength in some pockets and those pockets might help us balloon higher. But as the saying goes, Prevention is always better than cure. I would restrain myself from getting hammered. and I would let Mr. Market tell us the way.

It is very easy to get invested again if market moves higher.
Keep on checking here and I will post on Facebook also.


Weekly ETF

However the TOP ETF for this upcoming week are as follows:
These are the top ETF to hold this week
1. AGQ
2. SGG
3. CZM
4. DAG
5. TYH

We will track these top ETF again next week.

Also I would keep on close eye on these ETFs leaders for any signs of market weakness as these leader are usually the first one to lead the way lower.

Some of the stocks of interest this upcoming week
AUDC
CALD
PWER - Huge market manipulation in this stocks.. so watch out for short squeeze..
AUMN - I will be buying this on pullback, another volatile stock..

Sunday, October 24, 2010

One of the Market Timing Tools



Most of the brokers, mutual funds companies dont like people to time the Market.

The give you long list of excuses why market timing is not good.. but the stats prove it other way around.

Here is a very good article..


Key points:

  • Bob Parrish lost 70% of his retirement savings based on advice from a financial adviser
  • Parrish fired his financial adviser and decided to try timing the market
  • Parrish did quite well; his portfolio has gained an annualized 23%
  • Market timing is a tough strategy and few do it well. Parrish admits, “I’m savvy enough to recognize I’ve been very fortunate and that it’s not going to last.”
  • Mark Matson, a Cincinnati money manager, likens a market-timing strategy “playing Russian roulette”
  • Successful market timing requires three key ingredients: a reliable signal, the ability to interpret the signal correctly and the discipline to act on it.

In my recent talks with one of the very good traders Linda Rashcke about some of the strategies that I use, she suggested the I look at collection of indicators for some general Market timing.

I have stolen this model shamelessly (Six Sigma = Steal Shamelessly) for my general market timing, One of the components of that is what I am sharing today.


The indicator that I use is
1) $BPNYA
2) 10 day SMA of $BPNYA

When $BPNYA drops below 10 day MA - SELL
When $BPNYA rises above 10 day MA - BUY


The below chart shows you the NYSE Bullish Percent Index
For more on NYSE Bullish percent index, please read







This chart has $BPNYA, its 10 day MA and $SPX on the same chart.

You can see from the chart that whenever $BPNYA has dropped below 10 day MA, SPX has dropped in next day or two.. and same when $BPNYA has crossed above its 10 day MA then market has rallied..

So use it and be successful..


Saturday, October 23, 2010

How to adapt to HFT

Very good article on how to Adapt to HFT
http://www.sfomag.com/Trading_Stocks_News-Adapt_to_Survive_High_frequency_Trading-ar1448i105.aspx

Weekly ETF Review for Oct 25

As I had mentioned in the last week's review that I would like to test this strategy during a market pullback. This week provided an opportunity to test it out.

Our top ETF last week were
Top 5 ETF last week were
***********************************
ETF Weekly gain
***********************************
1. AGQ - (8.35)%
2. SGG - 4.76%
3. CZM - (3.97)%
4. DAG - 0.60%
5. LBJ - (-5.46)%

This gave us a cumulative return of -2.48% on investing $1000 in each of these ETF monday morning.
The return on Market Proxy SPY (mimics SP-500) was also low 0.60%.


We closed all this ETF due to Market conditions and bearish patterns that I had pointed out during Thursday Post
My return was 0.17% as I moved quickly to close the positions.

This also shows some kind of weakness as the Experts at the trading desk were not able to pull rabbits (profits) out as they do in bull markets.

Weekly ETF

I dont plan on holding anything this week till Market tilts one way or other.
I will post if I decide to buy any ETF

However the TOP ETF for this weeks are
These are the top ETF to hold this week
1. AGQ
2. CZM
3. ERX
4. LBJ
5. TNA

We will track these top ETF again next week.

Some of the stocks of interest this upcoming week
ANTP -
VHC
AUMN
HSFT


Thursday, October 21, 2010

TUG OF WAR



The markets were again rescued by the FED helicopters and High Frequency Computers.

The bulls tried to take the markets up this morning breaking the 1184 levels on SP-500 and then Bears came back and took it down. The HFT computers were favoring the Bears this afternoon.

Again after 2.00 pm, the HFT computers changed sides and started supporting Bulls..


Here is another picture that shows what needs to happen for us to become BULLS again. Also remember we are not BEARS either as of now..






Why I sold All ETF

As mentioned before.. we were expecting Market Weakness and we saw day before and today also.. Fed helicopters come and rescue the markets every now and then (May be due to Election time).

Our goal is to stay disciplined and protect our money.. I saw the below pattern in AGQ, GLD, CZM and LBJ. Also bearish engulfing in SGG. Also alongwith there were violations of the 10 day MA again..

So time for protection and going CASH.. Its very easy to buy them back once the conditions resolve but its prudent to protect your profits..

REMEMBER..
BULLS MAKE MONEY
BEARS MAKE MONEY
and HOGS GETS SLAUGHTERED


http://img253.imageshack.us/img253/7489/1021201044728pm.jpg

Selling ALL ETFs

Markets in Doldrums..
Selling ALL ETFs


Tuesday, October 19, 2010

Weakness Ahead


As pointed out over the weekend, we had the bearish wedge formation and this morning the markets started dropping.

We were expecting the market to supported by the FED helicopters but the selling was heavy and FEDS did not come to rescue.

For tomorrow, I expect SP-500 to rally back to 1171 levels before dropping down again.
Market should find support at 1150 level.

The other possibility is that the FED helicopters come rescue us tomorrow, we saw little hints of it at the market closing. This kind of activity has happened in the past Look the charts closely.

I sold some of my ETFs and my stocks today.


Ants in the Pants..

Wait for the HFT computers to show its hand.. either BUY AND SELL based on those selloff or support..

Sunday, October 17, 2010

Risk Management

One of the very good articles that describes what really happened in 2008 Market Crash. I did talk about this article with couple of friends late yesterday night. So here is the link.

http://www.nytimes.com/2009/01/04/magazine/04risk-t.html

The focus here should be to nderstand how and on what all these relies ON and find your way around it to either escape UNSCATHED or Swim in Profits.

Now that's what I call RISK Management

Get over with it: FOCUS on what you want

The below link describes what exactly is HFT and how the flash orders are manipulating markets.
You can see this live everyday if you are watching Level II quotes on your trading platform.

That is why sometime use of limit orders is not good. Market Orders will chase and hunt the price and get your order filled in rather than CAT and MOUSE game being played by the HFT computers.


This second article talks about how some of the firms are taking actions and why your trading firm and the back order clearing firm should be Financially sound and strong.


This article is from one of the fantastic bloggers out there, Charles Kirk.
It talks about how Life has been unfair and how to understand and internalize a problem to find a solution.


One of the way to beat the HFT computers are the days where there is lots of Chaos (not the ones created by HFT). Trading edge with very sound Risk Management, trade management.

I will post articles on Risk Management and Trade Management during upcoming ways and days.


Friday, October 15, 2010

Weekly ETF for Week of 18th Oct 2010

Weekly ETF

These are the top ETF to hold this week
1. AGQ
2. SGG
3. CZM
4. DAG
5. LBJ

This week EDC slipped to # 6 and CZM zoomed up to # 3 from #6.
We will track these top ETF again next week.

Top 5 ETF last week were
***********************************
ETF Weekly gain
***********************************
1. DAG - - 0.68%
2. SGG - 2.82%
3. AGQ - 8.76%
4. EDC - 3.10%
5. LBJ -4.58%

This gave a cumulative return of 3.7% on investing $1000 in each of these ETF monday morning.
The return on Market Proxy SPY (mimics SP-500) was meager 1.00%.
I would like to see how this strategy performs in Bear Market or some pullback.

Top ETF by weekly % movers this past week 10th Oct to 15th OCT
1. TMV - 11.75%
2. TYH - 11.73%
3. CZM - 10.33%
4. AGQ - 8.76%
5. TBT - 7.79%

Again looking at these weekly leaders, I wonder why somebody would invest in the stocks. This is one easy way to make money....


Also checking the the performance of last week's ETF selection based on its previous week performance
1. DAG - (-0.68)
2. SGG - 2.82%
3. RJA - 0.00%
4. AGQ - 8.76%
5. ERX - 4.32%

If the top performers were bought, your return would be 3.04%


Some Other things to watch this upcoming week is, Are we heading into Sector Rotation ? or some sort of orderly pullback ?

The below picture show bearish wedge formation.

Some of the stocks of interest this upcoming week

AAPL - Earnings after Close on Monday
EXAS
AMZN
BBY
FTNT
AMT

Also interested in the new IPO TOWR but it started sinking today, so will keep an close eye on that one.

Saturday, October 9, 2010

Weekly ETF

These are the top ETF to hold this week
1. DAG
2. SGG
3. AGQ
4. EDC
5. LBJ

We will track these top ETF again next week.

Top 5 ETF last week were
ETF Weekly gain
---------------------------
1. AGQ - 9.68%
2. SGG - 13.97%
3. LBJ - 3.01%
4. CZM - 4.94%
5. EDC - 5.26%

This gave a cumulative return of 7.3% on investing $1000 in each of these ETF monday morning.


Top ETF by weekly % movers this last week
1. DAG - 27.11%
2. SGG - 13.97%
3. RJA - 9.91%
4. AGQ - 9.68%
5. ERX - 8.00%

Looking at these weekly leaders, I wonder why somebody would invest in the stocks. This is one easy way to make money..

Friday, October 8, 2010

How to trade ETF

I will post a weekly list of ETF that I am interested in or I am holding.

These are the best performers for the week.

Buy Criteria:
Buy the listed ETF on Monday
- If you are already holding one from previous week, then keep on holding

Sell Criteria:
Sell the ETF that is not listed on the list on M0nday

Also I will be posting my Market Timing on this Blog

I will post the latest ETF list over the weekend.

Currently I am holding SGG and DAG.

So keep on checking..



Saturday, July 10, 2010

Sector Rotation and Getting Ready for UP moves

We are still in process of consolidation from all the down moves. We might see couple hundred points up and then couple hundred points down in upcoming days. We have to see the double bottom before I start believing in the start of bull rally.

This way I protect myself from getting whipsawed.

As promised last week, I am going to talk about sector rotation today.
From the below chart, you can see the performance of various sectors for last 65 days.
We can see that GOLD has been leader of the pack and held up very well during the market downturn. No. 2 is semiconductors.

Usually in a market rally, 3 sectors lead the rally pack, Technology, Financials and Transports.
From here we can see that Semiconductors are second ones in terms of Performance.
The key here to find few stocks in the Semiconductors pack.



From the below chart we can see how the performance of Semis have been as compared with $SPX. It has been rising steady so this gives us more confidence to get into the Semis.
The next post will be on how to find the market leaders in Semis or any other leading sectors.


$SOX:$SPX - Daily Candlesticks: "