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.
Today’s standout is Technology, with no movement and sitting firmly in the middle of the pack at the 5 spot on our sector rankings.
Technology has been a surprising source of stability in an otherwise choppy market.
While most sectors continue to face selling pressure, Tech has remained resilient—and that subtle relative strength has a way of turning into sustained leadership when the dust settles.
Here’s a peek at our overall industry rankings, which shows Software jumping into the top 10 moving up 8 spots on the week.
Here are the Top 10 names in the Software subsector, ranked by relative strength.
