Sector Scans
- Thread starter jmiles301
- Start date
This a summary answer.
The free software for doing this is available and is very productive.
Sector rotation, I believe, will come to the fore in the next few years.
Right now the better emerging software has several features that are helpful in the management of using fundamental data for some reasons and then the subsequent need to use technical data as trading/investment is on the table.
People do mostly focus on inventing as is seen here.
At some point though a person's knowledge and skills base does kick in.
Sectors rotate in their prominence for an assortment of reasons.
The combo of reasoning and the information sets is where the rubber meets the road.
Both of these facets usually cost money to either have or operate. I do not think that will change and it seems fair to me as well.
All the reasoning stuff is available as a drag and drop thing if you only want to use certain FA and TA type data and information.
The data bases can be subscribed to and kept current as well.
It is probably best to get a supplier for each who is a specialist. or you can use public information from any number of sources.
Today sector work is in the same state as platform performance. No one platform is sufficient for making money.
For me it comes down to having to do a lot of importing and exporting to follow what I have done manually in past decades. I think things will get convenient in a few years, though.
The replacement of the current strategies of mutual funds and hedge funds will come down to sector rotation once they catch on to making money as a goal. Sector rotation can handle unlimited funds.
The free software for doing this is available and is very productive.
Sector rotation, I believe, will come to the fore in the next few years.
Right now the better emerging software has several features that are helpful in the management of using fundamental data for some reasons and then the subsequent need to use technical data as trading/investment is on the table.
People do mostly focus on inventing as is seen here.
At some point though a person's knowledge and skills base does kick in.
Sectors rotate in their prominence for an assortment of reasons.
The combo of reasoning and the information sets is where the rubber meets the road.
Both of these facets usually cost money to either have or operate. I do not think that will change and it seems fair to me as well.
All the reasoning stuff is available as a drag and drop thing if you only want to use certain FA and TA type data and information.
The data bases can be subscribed to and kept current as well.
It is probably best to get a supplier for each who is a specialist. or you can use public information from any number of sources.
Today sector work is in the same state as platform performance. No one platform is sufficient for making money.
For me it comes down to having to do a lot of importing and exporting to follow what I have done manually in past decades. I think things will get convenient in a few years, though.
The replacement of the current strategies of mutual funds and hedge funds will come down to sector rotation once they catch on to making money as a goal. Sector rotation can handle unlimited funds.
Here's the better free resource for scanning sectors
default is 3 months
but you can also fetch results for
one week
one month
two months
six months
YTD
one year
two years
etc
http://bigcharts.marketwatch.com/industry/bigcharts-com/
Don't peek, but can you guess what industry performed best over the past 5 year period?
default is 3 months
but you can also fetch results for
one week
one month
two months
six months
YTD
one year
two years
etc
http://bigcharts.marketwatch.com/industry/bigcharts-com/
Don't peek, but can you guess what industry performed best over the past 5 year period?
I'm not 100% sure what you exactly wanted but here's a sector ranking from prophet.net:
prophet.net sector rankings
I use this to make sure that stocks I'm considering buying are in advancing sectors. If the sector isn't going up, I pass on the stock no matter how good it looks. I'm probably over-cautious, but it seems to improve my odds.
prophet.net sector rankings
I use this to make sure that stocks I'm considering buying are in advancing sectors. If the sector isn't going up, I pass on the stock no matter how good it looks. I'm probably over-cautious, but it seems to improve my odds.