As 2008 unfolds, I want to refine my blog a bit. I'll continue to bore you with anecdotes from my life as well as my success and blunders in the stock market. But in addition to that, I want to reward my readers with something more substantive and objective.
Accordingly, I will be selectively providing for you sectors that have performed well on a day to day basis. I say selectively, because my intent is not to provide a comprehensive view of all sectors--I don't have the ability to do that easily--but rather it is to give you some sector bird's-eye-views. Stockcharts has a wonderful market sector carpet, and I encourage you to use it. However, they do not have stocks grouped in as finely diced groups as Metastock--and it only includes large/mid-cap. Perhaps I'm wallowing in too much detail, but I think that there are some gems that can be found by looking at some of the smaller stuff.
Here's an example:
Below is list of Capital Goods, Construction Agri. As of yesterday's close every single stock in that sub-sector were green. I bet there is a stock or two on here that you are not familiar with and you might want to do further research. My hope is that providing you periodic snapshops will provide a useful catalyst for your own decision making and research.
In addition, for sectors, I can show you this view which for larger groups will give you a top 5/bottom 5 view. What I like about this view is that I can select the time frame.
Please treat this as a work in process, with today being just the first step in introducing you to the concept.
When I'm done with my all of my data entry, I will publish for you a list of all the sectors/subsectors. For what reason? To allow you to make a special request for a particular subsector. I hope that you will see that as a value add from this blog. I plan to be finished with my work by the end of the month. In the meantime, I'll publish tidbits here and there.
I welcome your feedback on this idea. You can leave it in the comments section or e-mail at firstname.lastname@example.org.