SMO Exclusive: Stock Report 2024-02-06, Strongest/Weakest Energy and Materials & Construction Stocks

Did you know? The stronger your stocks, the greener your P&L. Here’s a quick review of the 2/6/24 Strongest/Weakest stocks (1st/9th strongest of 9 levels per Stock Market Organizer ratings), Energy and Materials & Construction industries from the 2/6/24 Group 1 Strength Report.

🔹 Energy Weakened – per page 5.2, this is visually clear with many stocks that weakened during the week to create a significant imbalance with many more Weakest (36% of total) than Strongest (14%) stocks.
🔹 Materials & Construction has a Stronger rating (3rd strongest of 9 levels) – per page 5.3 it has many more Strongest (64%) than Weakest (4%) stocks.

If you are a mean reverter, you might prefer Energy stocks.

If you are a trend follower or momentum fan, you might prefer the Materials & Construction industry.

Some questions that may pop to mind (spoiler alert – the answer to each is “who cares?”):
🔹 For stocks that weakened/are weak, what does the market know that you don’t?
🔹 For stocks that strengthened/are strong, what does the market know that you don’t?
🔹 Which are value?
🔹 Which are growth?
🔹 Which are small cap?
🔹 Which are mid cap?
🔹 Which are large cap?

It really doesn’t have to be so complicated.

THE STRONGER YOUR STOCKS, THE GREENER YOUR P&L.

So, track strengthening and weakening, from the individual stock level all the way up to the market level.

Simple.