Here are the industries with 70% or more of their stocks advancing today.
Here are the industries with 10% or more of their stocks making new highs.
With a little market weakness today I was hoping to see some relative strength groups taking the lead, but that is not happening. Oil and gas pipelines is a group that I have been watching for a while now, as it is a former leader that fell apart during the 2011 correction, but has bounced back strong. That bounce back has paused, and we don't know yet whether it is just a pause or if it is topping out, but if it is topping out, I expect the rest of the market to follow it.
