Seems to me from perusing a few message boards that so many are trading the major indexes alone. That’s unfortunate if true, as most often by trading the index as opposed to a sector, industry, or individual stock, you are leaving money on the table. Awhile back I did some back test work, not to find some super percent return but to look at expectancy. Then taking the expectancy for each variable to create a score from 0 to 100 for Sectors, Industry Groups, selected indexes, and selected ETF’s.
Here is a picture of the report on indexes from last evening (Click picture for full sized image)::
The last time I ran this report for non-members was almost a year ago. May 8, 2013