Sector Spotlight: Frustration Takes Foothold in the Markets

On this edition of StockCharts TV’s Sector Spotlight, I talk you through the recent rotations in Asset Classes and Sectors, addressing the counter-trend move in the USD index — which is close to negating the double bottom in the index and the H&S pattern in the EUR/USD exchange rate. I address last week’s sector rotation, discussing the frustration in rotations at sector level, as well as the base underneath the market that continues to creep higher. To close out the show, I show how you can go from sector level to industry groups in one click from the sector summary page and then fill an RRG with the constituents of such a group to spot interesting opportunities at single stock level.

Click here for the link to the article which I reference on creating those ChartLists.

This video was originally broadcast on September 7, 2021. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page, or click this link to watch on YouTube. You can also check out the video on the StockCharts TV on-demand website StockChartsTV.com, or on the associated app on mobile platforms like iOS and Android, or TV platforms like Roku, Apple TV, Amazon Fire TV and Chromecast.

Sector Spotlight airs weekly on Tuesdays at 10:30-11:00am ET. Past episodes can be found here.

#StaySafe, -Julius