The Market has had another great week!
On January 20, 2012 the Dow opened up at 12623.93 and today the Dow is trading at 12798.13 which is an increase of 174.20 point gain for the week.
We are in the middle of earnings and Apple and Netflex reported great earning which helped the market. The fed came out and said that they are going to keep the rates low until 2014.
Now lets look at what sectors are moving. Lets take a look at finviz and once you are at this website you will click on Groups and then select from the drop down Industry and what I am seeing is that Music & Video stores, Cooper, Toy and hobby stores Auto parts stores, Farm and Construction are at the top over the last 6 months. Now you can go and do your research to see what companies you want to take advantage of.
Remember to read your charts and they will be telling you when to get in and out of your trades.
Happy Trading!
