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 we're switching it up. Consumer Discretionary sits 8th in our sector rankings, but don't let that number fool you — there's one group within the space that's bucking the trend, and that's exactly what caught our attention.
Consumer Discretionary has been lagging at the sector level but this one particular industry group is building momentum and looking different from the rest.
Here’s a peek at our overall industry rankings, which show Textiles, Apparel & Luxury Goods with the biggest improvement on the week, sending it into the top 20.
Here are the Top 10 names in the Textiles, Apparel & Luxury Goods subsector, ranked by relative strength.
