EarningsBeats.com Digest

Published: Fri, 04/03/20

EarningsBeats.com Digest for April 3, 2020

Dear EarningsBeats Digest Member,

We invite you to join us today at 10am eastern for our webinar, "Inside the EarningsBeats.com WebinAR (WAR) Room." Join Tom Bowley, Chief Market Strategist, as he details the changes that he's making to his short-term trading strategy. With a Volatility Index ($VIX) still at a very elevated level and stock market and economic paradigm shifts underway, opportunities of a lifetime are being created. These opportunities, however, will not fall into our laps. We need to do the research and hard work to uncover these gems early. That's the purpose of this initial WAR Room gathering of our EarningsBeats.com community. Tom will describe many of his techniques and share with you the ChartLists he's creating to organize his trading approach. This will be a highly educational event that will maximize your opportunity for trading success during one of the most challenging periods of our lifetime.

The room will open 30 minutes in advance. Click below to access the session. If you are unable to attend live, the event will be recorded.

Enter Webinar

Biotechs Extend Their Relative Breakout

Biotechs ($DJUSBT) rank 8th among the 104 industry groups over the past month. They've lost 7%, but that's well ahead of the benchmark S&P 500. In fact, Thursday's outperformance in biotechs resulted in a 2+ year relative breakout, as you can see in the chart below:

Healthcare (XLV) has been the best performing sector over the past month, edging out consumer staples (XLP). Both of these sectors have produced excellent trading candidates and I'll be featuring a few of those strong stocks in our special WebinAR (WAR) Room event later this morning. I hope you can join me!

Happy trading!

Tom Bowley

Chief Market Strategist

EarningsBeats.com
Better Timing. Better Trades.