Hot Industry Groups

Stocktrading101 · #1 (**permalink**) 03-23-06, 12:43 PM

Alright, I have some Industry Groups that are just hotter than hot right now that I found while doing some market research. If you don't dip your hands in these, the ice cream man will leave without you. I will also post this on my blog so I can properly track these picks over the next month.

Telecom-Fiber Optics (we all know this one, has been #1 the past two weeks, but still worth noting becuase it has been so hot).

Food-Flour & Grain - touch this group and your hand will fry, this group has surged from 190th 6 mo ago to 112 3 mo ago and the past two weeks has been 9th and 11th respectively, and still climbing. My favorite of the bunch is MGPI ($14.64). It has been under strong accumulation lately, and is sitting right on its 50 MA. Another great sign, management owns 44%, which is typically a bullish indicator. Furthermore, they have a sponsorship rating of A which means only top performing mutual funds own it. Heck, I need not say anymore, just remember I said $14.64 on March 23rd, 06.

Elec-semiconductor Mfg -This group has continue to be impressively hot lately, and still looks pretty bullish. A handful of companies came up on my screener from this group. One to note are ZRAN ($20.18), which is under strong accumulation and is sitting right at the 50MA. You could see this stock above $23 in less than 3 weeks.

Metal Ores-gold/silver - I had 3 or 4 stocks come up from this group and they all look bullish. Mining and explorations is the place to be right now and this group is only showing more and more strength. My favorite to note: GG ($26.71), no debt + 42% growth rate = great potential.

My other Stock Favorites right now: GYMB ($25.46; Retail-clothing), CPST ($3.27; Electrical-equipment). Let the good times roll.

-Blain

jimminy_cricket · #2 (**permalink**) 03-31-06, 03:41 PM

Can you tell me where you found out all of those statistical facts?

Stocktrading101 · #3 (**permalink**) 04-02-06, 11:04 PM

Quote:

Can you tell me where you found out all of those statistical facts?

I pay for dailygraphs which is IBD's stock charting software program. It is outstanding, and one of the side features is the industry groups add on where you can look at all 197 groups, the stocks within each group, see charts on the groups, etc.

http://www.dailygraphs.com

It is pretty pricey, but if you are an active trader it pays for itself 10 fold.

rtread · #4 (**permalink**) 04-03-06, 08:31 AM

Thanks for sharing this information. I checked the site and viewed the subscription rates, might consider again when I actually begin active trading. In the meantime, will certainly be watching for future posts of this type. thx

Stocktrading101 · #5 (**permalink**) 04-07-06, 12:03 AM

ya, it is definately well worth it if you trade actively. If you keep an eye out on investors.com sometimes they give out free trials for their tools, and I have seen them let you use the charting service for a few weeks for free. Does anyone know of any other charting services that you have to pay for?

Stocktrading101 · #6 (**permalink**) 04-07-06, 12:13 AM

hmmm... well I was just looking back at the picks I made, and umm...

MGPI is now over $18 (20%+ move)
ZRAN is at about $22 (10%+ move)
GG is now at $30.69 (12%+ move)
GYMB is now at about $28 (8%+ move)
CPST is now at $3.74 (10%+ move) <--- I rode this one, link

All of these stocks moved this much in a matter of two weeks.

I post all of my calls in my stock blog, so feel free to make some money with me

To the future,