Senin, 13 Februari 2012

Today's Leading Industry

 Here are the industries with 90% or more of their stocks advancing today.

Here are the industries with 20% or more of their stocks making new highs.

Recreational vehicles is only 6 stocks, so the recent strong move in relative strength could be a little misleading. However, looking at the charts for the group, I can only come to the conclusion that is is not. 5 of the 6 are at or very close to new highs, and the sixth is about halfway up the right side of a base. There is one breakout in this group today (DW) and one that is one of the strongest recent moves in the market (ACAT). I would be keeping an eye on the others as they will probably follow suit.
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