Are you into the stock market? How much do you follow it? Regardless of whether your interest in it is little or verges on near obsession, you’ve probably noticed how some people can be affected by the stock market — and just what it can mean to them. But the stocks making their way up in it aren’t all created equal. “A Hot Market For Leaders Requires Well-Crafted Trades” talks about what makes or breaks leaders in the market.
Key Takeaways:
- Banks, which rallied after the surprise outcome of the Nov. 8 presidential election, continue to hold the No. 2 spot among the 33 sectors tracked by IBD.
- Now, you’re waiting for an alternative entry to get you into that leading stock or you want to add to an existing position. A three-weeks-tight is just that opportunity.
- In some cases, leading stocks won’t give you another opportunity to get into the stock.
“Stock Spotlight stocks provide a good basis on which to gauge how current market action is affecting leading stocks. One of the prevailing traits over the past couple of weeks has been leading stocks making new highs before they’ve formed proper bases.”
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