Want to trade someone else’s list of Picks for 2018?

You might.

I do read very few of other people’s or firm’s picks-mainly to see if they agree with my own personal list.

However, regardless of whether these lists resonate with you or not, what these lists lack are two essential components.

1. Any strategy for tracking, trading and managing the picks.

2. How the macro picture, and particularly sector rotation, impacts anyone’s list.

Oh sure, predictions sound so smart. “I think gold is going to infinity.” “You should be long oil.” “My best pick for 2018 is Commercial Metals CMC.”

Well, the last one is true and my pick. However, it has risen by 12% in 2 days. My subscribers got in a few weeks ago based on rotation and a phase change.

They have already taken 2 profit targets and have a trailing stop.

And that’s my point exactly. Great pick. All about timing, rotation, the macro scene and of course, the risk to reward ratio.

Which brings me back to the Modern Family.

To date, I have yet to find anything that tells you so accurately about the sentiment of the US economy and where folks are, are not, or could put their money. With precise timing.

What does our lovable Family say now?

The chart is of the weekly price action. Each bar represents one full week.

The dotted line is the 50-Week Moving Average. The solid line is the 200-Week Moving Average.

Today, money flowed into Biotechnology (IBB). Do I find this surprising?

No.

Not only did I do a whole Daily on IBB clearing 107.50, but also shared that this highly speculated sector must see flow to keep up market confidence.

Moving left to right on the top row: Regional Banks (KRE) consolidating in the bullish phase. Banks have been impacted some by bitcoin and the tax plan. Through 60.00, we could see new money flow in.

Semiconductors (SMH) cleared 100 and is now working on confirming a bullish phase on the daily chart. SMH could see follow through from tech stocks.