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Charts courtesy of stockcharts.com

Tuesday, August 31, 2010

Today's Leading Industry

Name Stocks Change 40 week avg
Movie Production, Theaters 12 1.61% 29.24
Copper 6 1.41% 34.39
Meat Products 12 1.39% 61.66
Music & Video Stores 4 1.37% 51.13
Paper & Paper Products 26 1.16% 53.75
Confectioners 5 1.15% 60.75
Gold 51 1.14% 31.35
Major Airlines 8 0.92% 60.31
Accident & Health Insurance 9 0.90% 60
Regional Airlines 15 0.81% 37.4

Today's top 10 industries.



The leading industry, movie production and theaters, is lead by LGF, the 4th largest in the group, up on a buyout offer from Carl Icahn. This is a very weak group, and the charts in general look horrible. Most are at or very near 52 week lows and all have dropped sharply from the April highs. This is possibly a group that could see some rotation, if they don't go bankrupt first.

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