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It's said that there's always a bull market somewhere.
That may be hard to believe given the breathtaking decline we've seen across the board for the past week.
Wednesday was especially brutal, with the NASDAQ Composite dropping more than 4%, while the Dow and S&P 500 fell more than 3%.
While everything has tumbled this past week, not all sectors were beaten up equally. That's to be expected, of course.
But where's the "bull market somewhere"? Well, that's what my Best in Breed (BIB) analytical methodology is designed to find.
And while it won't find a sector that's making new highs these days – because there isn't one – it will uncover sectors that are outperforming the broader market and that are better positioned to advance once the market stabilizes.
Let's take a look at this tough sector…
About the Author
Chris Johnson is a quant - he's obsessed with building and perfecting mathematical models that allow him to predict, with startling accuracy, the direction of the markets, entire sectors, and individual securities. For the last year, he's been researching and building a new system that lets him move swiftly in and out of the hottest stocks in the market for life-changing gains - entirely on his own terms. The results of his newly-minted Night Trader system are nothing short of amazing.
Chris also contributes to Money Morning as the Quant Analysis Specialist.