Advanced Tools is designed for the experienced investor/trader. It consists of 3 modules. Point & Figure Analysis, Trading Ideas, and Industry Group Analysis.

Point & Figure Analysis uses Point & Figure Charts to identify stocks which are breaking through Resistance(bullish) or Support(bearish) areas. This module identifies those stocks that have broken through these areas and those stocks that will break through if they trade through the Breakout Price. Point & Figure Analysis is for those traders who are thoroughly familiar with the use of Point & Figure Charts. Please click here to learn about the various point & figure charts formations.

Trading Ideas is for the advanced technicians. It is a series of technical trading systems that identify significant chart patterns. In order to properly use one of these systems, you need to be completely familiar with the technical indicators that make up the system. This is not for novices. Please click here to learn about each of the trading system signals.

Industry Group Analysis provides daily analysis for 94 major industry groups. The groups are first analyzed using various Market Edge indicators to identify those groups that show favorable/unfavorable market conditions. The individual stocks that make up the group are then reviewed using Second Opinion for buy/short decisions. The purpose of this analysis is to identify those stocks in the groups that are leading the industry. Studies have shown that when an Industry group moves, the entire group tends to move in concert, with certain stocks in the group outperforming the remaining stocks.

To properly use Industry Group Analysis, the investor/trader must have superior discipline in that there are very few independent decisions to make once a group has been identified. The user must stick to the list of stocks in the group and not add stocks he thinks may be similar.