Here are a few industries that I think are setting up nicely here. For this list, I decided to ignore industries like gold and silver, which are no doubt bullish, but have already run up big but instead decided to go with industries that have been flagging or consolidating lately.
Disk Drives
Utilities
Retail
Telecomm
Here are a few thoughts as we head into October.
I will be back tomorrow with some stock picks from the above industries and my trading strategy for the week ahead.
Have a nice weekend.
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