Top Down Trade of the Week (01/24/2026)

Welcome back for another Top Down Trade of the Week.

This is a classic leadership scan.

We start with the best sectors, then drill into the subgroups. We pick one, and then take a look at the top stocks in it.

Today’s standout is Energy, which continues to hold the top spot in our sector rankings:

Commodity-related groups have been the clear leaders so far this year — Energy, Materials and Chemicals in particular. 

Momentum across these areas continues to build, with participation expanding as more stocks break out from multi-month consolidations.

Here’s a look at our overall industry rankings, showing Integrated Oil & Gas in the top 10. 

This group has exhibited impressive relative strength over the short-term with a lot of names breaking out of big bases.

Here are the Top 10 stocks in the Integrated Oil & Gas subsector, ranked by relative strength.

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