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

Enjoy this post? Share the love.

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).


Enjoy this post? Share the love.
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.

Recent Posts

Unlocking Explosive Gains: Mastering the 20-Day EMA Pullback After a Strong Thrust

Missed the initial breakout? Don't worry - there's still a chance to catch that rocket! Today, we're diving deep into…

1 month ago

Nasdaq Flashes 3 Powerful Buy Signals: Your Ticket to Serious Profits

Discover the three powerful buy signals flashing in the Nasdaq and learn how to profit from the surprising shift in…

2 months ago

Tesla Stock Analysis: 5 Bullish Signals for Swing Trading $TSLA [Sept 2024]

Could Tesla (TSLA) be gearing up for a major bullish run? Veteran analyst Rick Pedicelli breaks down five critical technical…

2 months ago

NASDAQ’s Bloodbath: Navigating the QQQ Plunge and Uncovering Hidden Opportunities

The tech sector has recently experienced a significant downturn, with the NASDAQ index plummeting, but for astute traders, such market…

3 months ago

Decoding Nvidia’s 35% Tumble: A Technical Analysis Masterclass

In the high-stakes world of AI stocks, even giants can stumble. Join us as we dissect Nvidia's recent 35% correction…

3 months ago