2023’s Winning Industries: These Sectors are Dominating the Stock Market

Ming Jong Tey
2 min readMay 3, 2023

Discover the leading sectors and industry groups of 2023 and use this top down approach for stock selection to trade the strongest stock in the leading group and sector.

The second best performing group is my favorite as it is on the verge of outperform the S&P 500. Watch the video below to find out.

The bullish setup vs. the bearish setup is 438 to 160 from the screenshot of my stock screener below pointed still a positive market environment with no shortage of the trade entry setup.

However the market breadth is still neutral towards positive, which suggested now is not the time to be aggressive as volatility kicks in for the breakout setup.

The video above is part of the latest Weekly Live Group Coaching Session (1.5 hours) on 2 May2023. Join here for full discussion including 20+ trade entry setup every week.

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Ming Jong Tey

I am a Wyckoff trader who practice kaizen in trading. Get Weekly Market Outlook & Best Trading Advice straight to your inbox: https://www.tradeprecise.com/