Hello. My registration was long overdue. Congrats on your wonderful community and I promise I'll do my best to be a fruitful part of it!!
1. I've only been trading for the past 6 months, and I trade Energy stocks. I've been an Extra-RT Stockcharts.com user for a year and a Pro user for the past 2 months. I also recently stopped using a limited # of 20 instruments to operate and for the past week I have tried to get acquainted with different market taxonomies so I can use a group-average top-down approach to stock selection. It makes it possible for me to follow more than 20 issues and still have my technical perspective intact. I need coverage of the entire sector though. That's what makes it worth it. (Jump to 2. if you don't like reading) As I read along I found GICS to be what I needed in theory 'cause of the market-based approach but old Dow Jones US Indices were easily more readily available on the website, and probably in general. Now, as I moved to the specifics I found old Dow Jones Indices had changed from ICB (Industry Classification Bench) to GICS, and to my surprise no DJ US Alternative Energy Sector (Industry Group if speaking in GICS) neither its sub-sectors US Renewable Energy Equip. and Alternative Fuels indices were being calculated. That was fine. It made sense if they were changing to GICS. DJ US Total Stock Market Indices exist for them though but hardly any of the energy ones are on stockcharts (only US Total Stock Market Renewable Energy Equip. sub-sector and US Total Stock Market Oil & Gas super-sector) and no volume which makes everything inconsistent again for me. FINE!!!! At that point I was determined to use my extra 13 bucks of customer service (:S) to relief the headaches. Maybe if I changed my entire index set and I follow some of the structures on the site I'll be able to stay away of having to make so many Excel indices and learning hundreds of taxonomy definitions like I worked as S&P. Except for the fact that a DJ index name was changed in a matter of hours (that they did pretty fast), Customer service was worthless. Fast, but worthless. Answers were rhetorically deviated, and technically incorrect. And from this last guy named Cole Johnson I got stuff like this:
Me: "Thanks for your support. (blah blah) I'd like to know more about the sector-industry classification which is used to provide scanning constants. Is there an article you can refer me to? Also, I'd like to know how to scan for Alternative Fuels stocks and Alternative Electricity. I don't seem to find it. Thanks again."
Cole: "Our Sector classifications are based on the S&P Sector SPDRs. Our Industry classifications are based on the Dow Jones Industry Indexes. We support the "Renewable Energy Equipment" industry in our Scan Engine. To use it, add the following to your scan: and [group is RenewableEnergyEquipment]"
Me: "Hi. Thanks for your prompt response. What I see there are ICB (Dow Jones?) subsectors and I'm asking for Alternative Fuels (from your Energy Sector) and Alternative Electricity (from the Utilities sector). They are on the ICB latest structural review but they are missing entirely from the list. Are you saying these 2 subindustries are included in the Renewable Energy Equip.? Thanks"
Cole: "I'm not saying anything other that we have that Renewable Energy Equipment industry. I don't see anything else in our list beyond that."
Can somebody help me?
2. I need a consistent way to monitor energy stocks and their respective averages without leaving entire chunks of the sector out on the data vendor's command and without going to the overly tanned dudes are S&P to talk about rent money. Any help would be appreciated. I just need energy stocks in a stockcharts list, and indices composed of all of them or their leaders, but covering them all. All archives I've study on the subject are readily available from me if somebody wants to help me.
Thanks for reading through. I truly apologize for my english if it caused you trouble.