SMO Exclusive: Strength Report Energy Industry 2024-06-18
Attached - new look, short and sweet Energy industry focus report 6/18/24. Can you meaningfully quantify the weakness in Major Integrated Oil & Gas companies? With this, you can.
With this analysis, you can directly compare strength for stocks and sub-industries.
Why? So you can stack strength. Or weakness.
Picture Usain Bolt sprinting downhill with the wind at his back. That would lead to some fast times. No guarantees that a strong/strengthening stock in a strong/strengthening sub-industry will outperform other stocks, but logically it seems like a decent combination. Especially when combined with a strong/strengthening industry and market.
You won’t find what you aren’t looking for.
This report offers unique, logical, and actionable insights from using conventional tools in unconventional ways.
It may resonate with you if you subscribe to the following:
- The stock market does not have to be so complicated.
- “What” matters, not “why.”
- Market conditions matter.
- The 100%+ rally begins with a 10% rally.
- The multi-month rally begins with one up week. (Also applies to declines.)
- The stronger your stocks, the greener your P&L.
1. Introduction/Industry Components
2. 1-Week Strengthening
3. % of 5-Year Highs/Lows Rankings
