Jun. 24 at 4:38 PM
In most sectors, the real edge comes from tracking the true leader-because price leadership tends to set the tone for everyone else.
Once a leader confirms direction, the rest of the group usually doesn’t move independently for long.
For example:
$MU often sets the tone in memory, followed by WDC, STX, SNDK
$NVDA continues to anchor the AI semiconductor cycle, with AMD,
$AVGO, MRVL reacting to its trend
EV and energy chains often show similar structure: TSLA leading vs
$RIVN, LCID lagging
Even in smaller themes, relative strength defines hierarchy-OUST vs
$LAZR, early energy plays like BE vs PLUG
It’s not about chasing every name. It’s about identifying who is leading the flow—and letting the rest confirm it.