Please help with understanding Tiers

Originally posted by sallyboy
(1) Candle, I don't exactly follow you on that. If a stock has a lower float, then it would take less activity to push it in either direction. But in that case wouldn't it move faster than similar stocks with a larger float?

(2) I would imagine that Tier 2 stocks might be those that are less well known than the Tier 1 stocks and so the higher interest in the Tier 1 stocks has a resulting impact on the Tier 2 stocks, but with a delayed reaction.

(3) I think I understand the basic notion we're discussing, but don't seem to get how you know which are which in a sector. And who decides what is a Tier 1 vs. a Tier 2? Is it really that concrete or just an individual's perception?

(4) On a related note, does anyone know where I can get lists of stocks in a particular sector? For example, all of the stocks that make up the Brokers (XBD) index. I know a handful but I'd like a comprehensive listing, not only for this index but others. I use RealTick and only have a few indexes I can pull up with lists in a particular sector. If anyone uses RealTick, do you know where I can get more (the .slf files)?
More...

(1) Yes, lower float stocks move faster, for the same amount of buying on a higher float stock
(2) Yes, lower float stocks move with a delayed reaction ... combine that with (1) and you have a rationale for homing in on the lower float stocks
(3)&(4) To get sector listings, Silicon Investors Advanced Screen works well ... you can create and save your proprietary lists in that screener. Click on any stock in the screen results and you will get specific information on a stock... look for shares outstanding in the third column... this is the float. Make your own mind up on what constitutes a lower float... in my opinion, its usually a stock with fewer than 100 million shares outstanding... but it depends on the sector... so spend a few hours understanding float levels within different sectors by playing with the Siliconinvestor screener.

Hope that helps!

Candle
 
Trade555,

I will greatly appreciate, if you could be more specific with the URL
location at the Cboe's labyrinthine site.
At least myself and Magna, will be more than grateful for a diligent
reply !!!
Good Trading,
MD-doc
 
http://www.undergroundtrader.com/jay/

From bottom of Page:

Electrical Components
Tier 1 - CLS
Tier 2 - FLEX
Tier 3 - SANM

Fuel Cell/Alternative Energy
Tier 1 - BLDP
Tier 2 - FCEL
Tier 3 - PLUG, HPOW, CPST


Genome/Biotechs
Tier 1 - BGEN, AMGN, HGSI, PDLI, MYGN, IDPH
Tier 2 - MLNM, CORR
Tier 3 - GLGC


Healthcare HMO's
Tier 1 - OXHP
Tier 2 - THC
Tier 3 - HCA
Tier 4 - PHSY


Internets
Tier 1 - EBAY, VRSN
Tier 2 - YHOO, TIBX,
Laggards - AMZN, DCLK

Internet Security
Tier 1 - SYMC, VRSN, CHKP
Tier 2 - MERQ, ISSX
Tier 3 - RSAS
Laggards - SONE, ENTU


Networkers/Internet Infrastructure
Tier 1 - CSCO, JNPR
Tier 2 - EXTR, FDRY, FFIV

Optical Fibers
Tier 1 - CIEN,
Tier 2 - JDSU, FNSR
Laggard - SCMR, MRVC, FIBR

PDA Wireless
Tier 1 - CMVT
Tier 2 - OPWV

SANs (Storage Area Networks)
Tier 1 - VRTS, QLGC
Tier 2 - BRCD, EMLX
Tier 3 - NTAP, EMC, MCDT

Semi Conductors and Equipment
Tier 1 - AMAT, BRCM
Tier 2 - NVLS, KLAC, XLNX
Tier 3 - KLIC, CYMI, LRCX, TQNT, ALTR
*** NVDA in its own world

Specialty Semi Conductors
Tier 1 - BRCM
Tier 2 - PMCS, ALTR, XNLX, RFMD
Tier 3 - AMCC, CNXT, HLIT

Supply Chain Management Software
Tier 1 - PSFT
Tier 2 - SEBL, ORCL, PRGN/RMDY, VRTS
Tier 3 - BEAS, MANU
Laggards - ITWO, ARBA, CMRC, FMKT

Telco
Tier 1 - WCOM, T
Tier 2 - Q, FON, VZ
 
Thank you very much! Since it's from UT, most of these are NASDAQ stocks. Do you know of a similar site that lists the NYSE ones?

Thanks again! :)
 
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