Top-Down Trend Trading – Recorded
This momentum-based trend trading class discovered on the Sector Selector that our growth-focused sectors have finally swung into the Top 3 rankings once again: Discretionary, Communications, and Technology. Meanwhile, defensive sectors like Health Care, Utilities, and Staples are at the bottom. That suggests risk appetite is strong across the broad market. We focused on the Financials sector with our trade set-ups today.