Getting the “big picture” trade with sector ETFs ($IBB)

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Morpheus Trading Group has a new affiliation with Equities.com in which Deron Wagner will be posting a unique weekly article on that site. To read this week’s full article, click on the link at the end of the following article excerpt…

“One of the primary elements Morpheus Trading’s methodology is a focus on sector trading. As institutional players such as mutual funds, hedge funds, and banks continually position their portfolios for maximum gain, funds are constantly being rotated out of one industry sector and into another. Our goal is to identify the rotation of these funds, and ride along on the coattails. However, for our technical trading strategy, the money flow must also coincide with positive chart patterns that point to a potential buy entry.

Presently, the iShares Nasdaq Biotechnology Fund (IBB) is a sector ETF that meets this criteria…” (click here to read the remainder of article with accompanying graphics).


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Deron Wagner

Deron Wagner is a professional trader, author of several ETF trading books, and the Founder of Morpheus Trading Group. Since 2002, he has been sharing his proven swing trading strategy with thousands of traders around the world. He has appeared on CNBC, ABC, and Yahoo! Finance Vision television networks, and is a frequent guest speaker at various global investing conferences.

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