Lately I've been increasing effort in the study and analysis of what stocks do on my time frame. My standard time horizon is between 5 to 10 days. In placing effort into the actual behavior of what stocks are doing new insights can be gleamed about what is actually working such as: sector themes, patterns, are stocks near highs or beaten down, are they highly shorted etc...
Looking at the past ten days from a sector perspective, more defensive oriented stocks are beginning to populate the 52 Week High list.
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| Sectors on the Move |
Looking at sizable moves over the past five days we can note that there are a cluster of Latin American Regional Banks to pay attention to, as well as some defensive plays in Silver and Utilities.
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| 5 Day Moves |
The list for 10 days is slightly larger, but two segments worth noting are Gold and Minerals and Mining are in play.
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| 10 Day Moves |
Keeping aware of what is moving on our time frame can assist in trade ideas by finding sectors that money is flowing into, the stocks that are in play, and give a clue as to general market sentiment based upon the action of aggressive or defensive stocks populating the list and not opinions. From my perspective I'll begin investigating the metal related stocks for set ups.
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| ANV |
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| $PPP |
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| RGLD |
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| TAHO |
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