How to monitor and trade top sectors

To do this you need subscription to :

IBD Daily Graphs and

IBD Custom Screen Wizard

Here is how I do it:

Step 1

DailyGraphs Industry Groups

Take top 3 stocks from top 20 sectors.

EPS+RS (sorted by EPS)

I have shown first 3 sector stocks. Like that I get 20 sector top 3 stocks.

Rank	IBD Industry Group	Stock rank1	Stock rank2	Stock rank3
1	Paper and paper products	kppc	clw	rkt
2	Auto Truck Original Equip	TXIC	WATG	caas
3	Media Radio TV	salm	ctcm	sga
4
5
.
.
20

This goes to Top 20 Sector Watchlist in Telechart

Step2

DailyGraphs Custom Screen Wizard

Sector rank= 1 to 20

Composite Rating>96

Screen Name: top 20 sectors 96 composite

To Top 20 Sector Watchlist in Telechart

Step 3

DailyGraphs Custom Screen Wizard

Sector Rank= 1 to 40

EPS% >40

sales%>25

50 day avg volume>100000

(These criteria are 100% EPS and 25% sales during bull market)

Screen Name: Top40 sectors 40eps+25sales

This is a separate Top 40 sector 40/25 watchlist in Telechart.

These are the stocks I focus on. Together the three things give you only around 75 stocks to monitor. From that list anticipating breakouts or trading breakouts is easier. If you focus on the top 20 sectors it is unlikely you would miss big moves.

The other advantage of sector based strategy is it allows you to anticipate breakout and enter in anticipation. RKT and GYMB two breakouts bought recently came from such monitoring.

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