Weekly Watchlist: Just Built Different

You can see the holdings in each are much different.

In case you missed it, we discussed the strength out of Financials and Energy stocks recently as interest rates have spiked higher.

Take a look at the Value Over Growth ETF $RWVG and how similar it looks to the actual Large-cap Value/Growth ratio and US 10yr Yields:

The strength in Financials and Energy continues. These are the areas that tend to do best when rates are rising.

But we've already discussed that plenty.

It's really the relative strength in the Oil & Gas names compared to other industry groups that pops right now.

Take a look at these multi-year highs in companies who take Oil & Gas out of the ground vs those who claim to take Gold out of the ground:

To take advantage of these trends, here's a Canadian Oil & Gas stock working on completing a 13-year base.

If we're above those 2008 highs, we want to be long $CNQ with a target just under 80:

And I'm wondering if Emerging Markets are ever going to get going?.

Caterpillar has historically been a great tell for this group. And with the recent strength in $CAT, will EM join the party?

Industrials as a group are at all-time highs. There is strength within that group that we want to continue to own.

Take a look at Expeditors. We want to be long $EXPD if it's above 114 with a target near 170:

Our International Hall of Famers list is also a great place to find stocks within these "Value" sectors. Countries outside the U.S. tend to have much more exposure to these areas.

Take a look at this week's list:

The post in full with new trade ideas can be found here.

There's a lot of rotation happening in this market.

We want to follow the money, not the narratives.

Stay tuned....