Page 492 - How to Make Money in Stocks Trilogy

362 INVESTING LIKE A PROFESSIONAL

The reason we have 197 subgroups is that within every sector, there are
segments that can perform quite differently. Medical genetics is our third-
ranking group. Seven months ago it was fifty-seventh.
All told, we have 10 tables that measure industries from different points
of view. Two small boxes on page B2 that I also check each day give you
another perspective on which industries are leading. One shows the “Top 10
Fidelity Industry Funds Since Jan. 1.”
The second small box shows the groups with the highest percentage of
stocks at new highs. With several different ways to look at market sectors,
you can hardly miss the one or two sectors that turn out to be the real lead-
ers in each new bull market.
Next to those boxes, there’s a list displaying indexes of 28 different mar-
ket sectors and how each performed for the day.

IBD Industry Themes
On page B3, we have another way of keeping track of industries—a daily
column called “IBD Industry Themes.” In every market, there are certain
leading themes. Investors may be buying medical stocks, for example, or
technology stocks. So what are the themes in the current market?
We also have a column on New York and Nasdaq stocks and one for the
long-term investor. Another three columns (on page B5) include “The Base
Reader,” which analyzes various chart patterns, “The Income Investor,” and
“International Leaders,” covering the foreign markets. I don’t read all these