Thank you for the information. I am an occational trader, I can not afford $150 per month though. Is there anything else simpler and less expensive out there? Thanks, Agras
This a summary answer. The free software for doing this is available and is very productive. Sector rotation, I believe, will come to the fore in the next few years. Right now the better emerging software has several features that are helpful in the management of using fundamental data for some reasons and then the subsequent need to use technical data as trading/investment is on the table. People do mostly focus on inventing as is seen here. At some point though a person's knowledge and skills base does kick in. Sectors rotate in their prominence for an assortment of reasons. The combo of reasoning and the information sets is where the rubber meets the road. Both of these facets usually cost money to either have or operate. I do not think that will change and it seems fair to me as well. All the reasoning stuff is available as a drag and drop thing if you only want to use certain FA and TA type data and information. The data bases can be subscribed to and kept current as well. It is probably best to get a supplier for each who is a specialist. or you can use public information from any number of sources. Today sector work is in the same state as platform performance. No one platform is sufficient for making money. For me it comes down to having to do a lot of importing and exporting to follow what I have done manually in past decades. I think things will get convenient in a few years, though. The replacement of the current strategies of mutual funds and hedge funds will come down to sector rotation once they catch on to making money as a goal. Sector rotation can handle unlimited funds.
Thanks for your input, but was the free software that you speak of mentioned? Or did I miss something?
that is a classic. The mutual funds will catch on to sector rotation after they realize making money is their goal. Jack who do you thinks make the sectors rotate right now. You and spydertrader?
Here's the better free resource for scanning sectors default is 3 months but you can also fetch results for one week one month two months six months YTD one year two years etc http://bigcharts.marketwatch.com/industry/bigcharts-com/ Don't peek, but can you guess what industry performed best over the past 5 year period?
I'm not 100% sure what you exactly wanted but here's a sector ranking from prophet.net: prophet.net sector rankings I use this to make sure that stocks I'm considering buying are in advancing sectors. If the sector isn't going up, I pass on the stock no matter how good it looks. I'm probably over-cautious, but it seems to improve my odds.
ProphetScan (Prophet.net), can scan by sector, for subscription. BigCharts.com is free and has all the sector data. Look under industries. Marketwatch.com is free and can scan by sector. Look under tools & research/ stock screener.