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Charts courtesy of stockcharts.com

Tuesday, November 30, 2010

Market Leadership

Ticker 50-Day Simple Moving Average 52-Week High Change Change from Open Gap Relative Volume
BIDU 0.52% -8.81% -2.31% -1.80% -0.52% 1
CMG 28.47% 1.13% 1.44% 1.82% -0.37% 2.06
DECK 34.24% 2.20% 3.37% -0.01% 3.38% 4.44
FCX 6.65% -6.14% 0.54% 1.76% -1.19% 0.95
FFIV 19.61% -3.06% -1.74% -0.45% -1.30% 0.78
GES 15.43% -6.85% -1.03% 0.08% -1.11% 1.77
IGTE 0.65% -18.91% -18.39% -18.05% -0.40% 14.97
NFLX 22.82% 1.90% 2.45% 2.93% -0.46% 2.5
PCLN 7.28% -7.27% -1.90% -1.01% -0.89% 0.84
SINA 15.01% -2.87% -2.33% -2.09% -0.25% 1.03

It seems we have a fallen leader this morning. IGTE is collapsing on huge volume. the only news I have on it is a possible acquisition of an Indian computer company. Leadership is now narrowing, with CMG, DECK, and NFLX still in solid up trends. IGTE has so far held the 50dma, and if it continues it may get a bounce tomorrow, but I.m not betting on that. BIDU is also at the 50dma.

Here is a link to the charts.

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