You have probably heard about the new Sector and Industry Dashboard, it has already gained some solid fans as the scanner will not only help you to find new ideas for trading but also gives you a comprehensive view of the structure of the stock exchanges. You will learn the Sectors, Industries, and Companies that play a part in the stock market. Here are some of the uses of the new Sector and Industry Dashboard:
1) Learn To Easily Find The Strongest Industries In The Current Market To Trade
2) Scan Over 11 Sectors and each of 149 Industries
3) Learn To Easily Find The Strongest Stocks In Each Industry
4) How To Find Stealth Stocks In Each Industry Which May Move Under The Radar
5) You Can Easily Find Weak Stocks In Each Group To Avoid
You can watch additional videos here: https://protraderstrategies.com/sector-and-industry-scanner/
Q&A
With the Industry, Sector, and Stock Ranks on the Platform, is the no 1 the best, or is the no 100 the best?
If you see a ranking of 100 for a stock it means it is outperforming all other stocks except for the top 1%. If you do a search of stock rankings between 90-100 it will give you a list of the stocks which have been in the top 10% of all stocks in terms of performance. Likewise, if you run a scan of 1-10 it will give you a list of the worst-performing stocks over the time period(default is 200 days). On the scanner, you can also sort by different time frames such as best or worst performers over the past 1 day, 5 days, 1 week, 1 month, etc
The industry/sector scanner is a little different because there are around 160-170 different industries within the sectors. Therefore we ran them from 1-170. 1 is the best performing and 170 worst. You can also click to see all stocks within each industry which is very helpful.