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Are You Watching These Sectors?


ETF Trade Watch

The market hit a bit of a speed bump last week, but it could very well just be a healthy pull back before pushing higher. It is important to remember that markets do not just travel in straight lines up or down, there are often pullbacks and retests along the way. As the week plays out, we should get a better sense of what the market will do next.


Looking at the past week, Retail had a 7% run as the consumer still continues to hold strong. Keep an eye on this sector to see if there is more juice left as consumer spending continues to be hot. If you are someone who would rather trade the individual names in the ETF, look for those with the strongest performance and be patient, waiting for a good entry, possibly on a pullback.

SPDR S&P Homebuilders ETF (XHB)

Homebuilders also posted a strong week last week. As builders scramble to get inventories to an acceptable level, keep an eye on this sector to continue to trend.

If you want to join my students and I as we learn how to look at sector ETFs for our trades then you’ll want to become a member of my Smart Trades options trading service. Not only will you get all my trades, but you’ll also be a part of a growing community of like-minded traders looking to learn and hone their options trading skills.

I look forward to trading with you, but until then, as always…

Good Luck!

Christian Tharp, CMT

Christian Tharp

I am an expert stock market coach having helped over 4000 beginner and advanced traders & investors from around the world take control of their financial futures. I also write stock market related articles for the Adam Mesh Trading Group. My Chartered Market Technician (CMT) designation substantiates me as an expert in areas such as the technical analysis of stock trends, market indicators, cycles, price patterns, Elliot Wave principles, Candlestick charting, analyzing financial trends and behaviors, portfolio strategies, and forecasting future price movements. With my straightforward approach to simple, systematic trading, students learn how to strategically assess buy signals and market entry timing, establishment and management of stop losses, and how to employ a simple and disciplined trading approach that creates profits.

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