SMO Exclusive: Strength Report Group 3 2024-08-02
As the Nikkei goes through its biggest 2 day drop ever, here’s the 8/2/24 Stock Market Organizer Industry Group 3 strength report (Aerospace Defense, Chemicals, Drugs, Manufacturing, and Wholesale). Weakened slightly by -0.4 to a 4.7 weighted average strength rating. Much more detail in the attached including a segmenting by sub-industry of the Strongest and Weakest (in Stock Market Organizer parlance) stocks.
Key driving influences behind this methodology:
🔹 The market does not have to be so complicated.
🔹 The journey to multi-month rallies begins with one up week.
🔹 The journey to 100%+ returns begins with 10% returns.
🔹 You won’t find what you aren’t looking for.
🔹 The stronger your stocks, the greener your portfolio.
Unique U.S. Stock Market strength-based insights are summarized below.
1. Introduction
2. Industry 1-Week Strengthening
3. Industry 10-Week Strengthening
4. Sub-Industry 10-Week Strengthening
5. Stocks Outliers: Strongest/Weakest Rated
6. Stocks Outliers: 1-Week % Change
7. Stocks Outliers: 5-Year Highs/Lows
