Top Relative Strength Industries

No sooner than I hit "publish" for the last post, I remembered something I did with the relative strength list last night. I took all the stocks on the list before the last two cuts (about 800 stocks), and grouped them according to industry. In the second column is the number of stocks in the group on the list, the third column is the total stocks in that group, and the fourth column is the percentage of the group's stocks that are on the list. The chart above is the top 20 groups in terms of percentage. I will try to track this in coming weeks (if I have time) to see if we can catch any trends.