Any good suggestions on realtime screening for Sectors? I simply want to get a list in realtime of the top/bottom performing Sectors. MGB
I ran across one that got lost in my bookmarks...been looking for it for like 9 months. Fantastic realtime screener of sectors by color shading, great little java interface. damn i wish i could find it agian. it was about 60 bucks a month. Trav
There is a real unusual and interesting sector "map" of the market at SmartMoney: http://www.smartmoney.com/marketmap/index.cfm?showWeekStats=true
I use an overlay chart in esignal with all the major sectors on it. You can spot any divergences pretty quickly.
Nicodemus: <i>I use an overlay chart in esignal with all the major sectors on it. You can spot any divergences pretty quickly.</i> Tell me more... How many sectors are you tracking? I'm trying to envision 20 lines of sectors on the chart. That's pretty crowded. MGB
For real time sector trading, as it is my bread and butter, you have to have multiple monitors and put up multiple charts, by the time any scanner say the thing is up 1-2% or whatever and you flip through stocks in the sector for a position, the move is over. I have 5 screens now and 2 of them have nothing but sector charts. Even on my fifth screen I am experimenting with custom indexes, scanners just don't work for this . . .
Nicodemus, I use an overlay chart in esignal with all the major sectors on it. Most interesting idea. Obviously it would be very crowded, but as you said divergences would stand out. Unfortunately neither Cyber nor RealTick allow for more than one overlay, so if eSignal allows for enough to cover most/all of the sectors that's a nice advantage.
I looked at the sector map at SmartMoney. Yes, it's interesting but fancy colors are not going to make me money. MGB