SMO Exclusive: Strength Report Industry Group 2 2024-02-12

Brian Degracia

12 Feb 2024 • 4 min read

Not just Mag 6 climbing (sorry TSLA, SMCI taking aim at your old spot)… week ending 2/12/24 Health Services (7/8 strengthening sub-industries) and (Leisure 6/7 strengthening) industries both strengthened to Strong (4th strongest of 9 levels.) Utilities still Weaker (7th strongest) but had 86% positive stocks during the week. Attached: analysis showing Strongest- and Weakest-rated Stock Market Organizer stocks and objective strengthening/weakening measurements in the Diversified Services, Health Services, Leisure, Media, and Utilities industries.

TAKEWAYS
🔹 Health Services and Leisure industries Strengthened, are strongest industries w/Diversified Services at Strong (4th strongest of 9 levels); each had 5+ strengthening sub-industries
🔹 Utilities lowest-rated industry at Weaker (7th strongest)
🔹 Long-term Care Facilities, General Entertainment = sub-industries rated Strongest, Water Utilities weakest at Very Weak
🔹 58% sub-industries Strengthened, 3% Weakened (22/1 of 38)
🔹 Strongest:Weakest stocks - Diversified Services 55%:6% and Utilities 5%:55%

WHAT DOES THIS TELL YOU?
Through tracking strengthening and weakening from the individual stock through overall market levels,

🔹 The strongest stocks in each industry so you can see by this measurement if there are better options than whatever you may currently own.

🔹 How all stocks in each sub-industry and industry stack up against each other in terms of current strengthening and weakening. These relationships may not continue, but it’s hard to meaningfully discern where you could go if you don’t know where you currently are. This analysis enables you to quickly see the best and worst stocks and ignore the rest.

🔹 Whether sub-industries and industries are currently strengthening – does their action support new entries or is it better to wait?

This cannot guarantee profits. The market is no one’s ATM. But…

It aligns with the concepts that
THE STRONGER YOUR STOCKS, THE GREENER YOUR P&L, and
IT DOESN’T HAVE TO BE SO COMPLICATED.

This report may particularly be of interest if the following 5 concepts resonate with you:

The stronger your stocks, the greener your P&L.
The journey to 100%+ returns begins with 10% returns.
The journey to a multi-month rally begins with one up week.
Most stocks do what the market does. (While the market can only do what its underlying stocks, sub-industries, and industries do.)
80/20: not all information is created equal. (Press buttons, not balloons.)

Following are galleries with page-by-page views of this report.