I know it’s a bad pun, but it’s true: Airlines are flying high.
Every week I do an in-depth sector analysis and what stood out more than housing, financials or semi-conductors (all sectors we’ve been watching) was the strength of the airlines bounce, after a two month pullback.
This is definitely an area to investigate to get stocks on our focus list.
In this week’s video, I analyze the airline sector and show you how to:
- Identify a strong sector using price action and money flow
- Use float to pick the best stocks in the sector
- Pick the best stocks in a sector by analyzing the volatility of the stocks
- Apply the bottom formation setup
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