Finviz New Group Performance Tool

Finviz.com is a relatively new website you may not have discovered yet that offers a wealth of free information, ‘heat-maps,’ and screening tools for your trading needs.  I wanted to highlight a new feature, Finviz Group Performance, which gives a quick comparison across timeframes of how different sectors have performed.

Here is a sample of the 1-month performance:

You can see ‘at a glance’ which sector has put in the best and worst performance for the time period you’re viewing.  You can see the day’s, week’s, month’s, three month’s, six month’s, or year’s sector percentage performance.

Knowing which sectors have been making a comeback, or are showing continual strength, can give you clues about where to deploy swing trading capital and can assist in idea generation.

Study up on the concept of Sector Rotation Theory and how it can help you not only identify strong stocks in strong sectors, but also avoid weak stocks in weak sectors – and how it can help you identify the expected next sector to outperform based on the progression of the economic and stock market cycle.