Three sectors expected to outperform during periods of market uncertainty did outperform in August. Utilities, Health Care and Consumer Staples, all flight to safety sectors, were up more than the S&P 500 last month. But Technology outperformed all of them at 2.7%. Money managers continue to mention largecap tech as an area of interest, and they have put their money where their mouth is so far. Maybe they remember how well tech performed following the Russian debt/LTCM crisis of 1998 -- a period to which many are comparing the current market.
Hi
I like the depth of analysis you do. I've some scans that work quite well on NASDAQ 100 component stocks but not on anything else (not even S&P500 or 100 or Russell 1000 components).
I was wondering if you have any criteria which I can apply to all optionable stocks and find similar stocks as NASDAQ 100 components. I tried filter by BETA, Avg True Range etc but not getting desired results.
Again, you guys are awesome.
Posted by: ControlledTrader | September 04, 2007 at 01:49 AM