Top Down Trade of the Week (11/08/2025)

Welcome back for another Top Down Trade of the Week.

This is a classic leadership scan.

We start with the best sectors, then drill into the subgroups. We pick one, and then take a look at the top stocks in it.

This week’s standout is Energy, which climbed one spot to take the top of our sector rankings.

Energy has remained the top-performing sector over the past few weeks, as rotation continues to flow out of large-cap growth names. Other areas, like Healthcare, are also starting to stand out.

Here’s a look at our overall industry rankings, which show Energy Equipment stocks maintaining their position as the top performers.

Beneath the surface, strength is emerging across refiners and oil services names, with multiple stocks breaking out from short-term consolidations.

Here are the Top 10 names in the Energy Equipments subsector, ranked by relative strength.

Our team at ASC is constantly running these kinds of top-down scans. If you want access to our research and trade ideas like this one, join us today—risk free.

This week’s spotlight stock is TechnipFMC $FTI: