Market & Sector Analysis | Michael Fairbourn | 8-20-25 Characteristics and Risks of Standardized Options. https://bit.ly/2v9tH6D Within this class we explored a top-down analysis approach to finding strength in sectors, industries, and stocks. To do this, we focused on using sector charts to identify potential strength relative to the market, and then used the Stock Hacker tool to scan for individual stock strength. We also discussed the concept of using macro drivers to help confirm sector strength. You may have heard of top-analysis or the terms “market,” “sector,” and “industry groups.” But what are they and why they important? Join this live, interactive webcast to better understand these concepts and how changes may affect your portfolio. 1023-3KVR Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled "Characteristics and Risks of Standardized Options" before considering any option transaction. Follow me on X: MikeFairbournCS Swing Trading (mentioned in class): https://www.youtube.com/watch?v=f4JvA1T6n4A&list=PL8a6s5nq1lPQED_I2pA6qdhskN7eA2M4O&index=1 Scripts are for educational purposes only, are not a recommendation, and are not guaranteed for time or accuracy. Sector Rotation Grid: http://tos.mx/!qQcf8tvP