Nuts and bolts analyses don’t look Wow! but traders should not cast them aside casually. In my opinion, there is no sure-win strategy: the winner is the one who is most willing to put in effort to piece nuts and bolts analyses into a complete accurate picture of the market.
These are 4 oil and gas stocks listed on the Hong Kong Exchange that could be easily picked out with a stock scanner that looks for high volume trading or new 52-week high. They are Anton Oilfield, Sinopec, Hilong and Hong Hua.
Besides Energy, Consumer Staples and Real Estate are next worst stock sectors. This is what they are printing. Keep an eye in case they could be your early bear indicator. XLP and XLRE charts.
This is an excellent stock screening tool provided by Finviz free-of-charge (subscription required for more sophisticated features). I find that even the free version is really really useful tool, really a must-have.
Straits Times Index end-June, end-Q2 2017 performance: winners to losers shift from 27-3 in Q1 to 16-13 in Q2. This is a worsening in market breadth. In addition, charts of DAX30 and XLRE.
Stock indices update for Q1 2017. 1) Relative strength, performance between major Western and Asian indices. 2) Straits Times Index constituents ‘winners and losers’. 3) Quick look at diverging behaviour between China A50, AUDUSD to exceeding PMI data. 4) US sector performance.
Year to date performance of US S&P 500 going strong with sector breakdowns a field of green except ‘Energy’. This post covers ‘how to use a heatmap for your sector/stock picking’.