Power Investing With Sector Funds: Mutual Fund Timing & Allocation Strategies

By learning to read the direction and strengths of the market, even novice mutual fund investors can outperform the best stock pickers. That’s because 90% of a stock’s price movement is determined by trends in the market or the industry — not in the quality of the company. And only Power Investing with Sector Funds supplies a simple and effective technique for gauging ebbs and flows in the market — and investing in the best-performing sectors at the right time, both in the U.S. and abroad. With the help of four technical tools — charting, trend lines, 20-week moving averages, and relative strength — the book completely covers the principles of diversification, asset allocation, and sector investing. Best of all, the system outlined here takes just 15 minutes a day and is a boon for both independent investors and professionals.