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Monday, November 1, 2010

Today's Leading Industry

Name Stocks Change 40 week avg
Air Services, Other 7 1.89% 47.86
Resorts & Casinos 15 1.89% 25.09
Computer Peripherals 30 1.48% 34.07
Independent Oil & Gas 91 1.29% 35.71
REIT - Retail 43 1.19% 54.24
Broadcasting - Radio 11 1.18% 45.46
Foreign Regional Banks 17 1.09% 49.57
Industrial Metals & Minerals 64 1.08% 30.92
REIT - Diversified 30 1.04% 37.14
Silver 9 1.03% 33.06

Today's top 10 industries.


Air services, other, is a 7 stock group, with the 4 largest above. As a group they went through a very severe correction over the summer but have bounced back quite strongly.



the relative strength data shows just how severe the drop was, but also how strong the bounce back has been. The 40 week average, which at one point was over 60, indicating a very strong group, has dropped to the 40's and is still headed down, but that should reverse soon barring another collapse. This looks like a group to watch closely.

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