CAN SLIM(11)

Leader or Laggard


Our studies show that, on average, 37% of a stock's move is directly tied to the performance of the industry the stock is in,

and another 12% is due to strength in its overall sector.


That's why it's so important to track the performance of both industry and sector groups.


Leadership also refers to an individual stock's performance in the market.


Once you've identified the most powerful industry groups, the next step is to identify the strongest stocks in those industries.