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Wednesday, January 19, 2011

Today's Leading Industry

Name Stocks Adv Pct Change 4 week avg 10 week avg 40 week avg
Food - Major Diversified 10 6 60 0.43% 45.23 41.31 35.11
Computers Wholesale 8 4 50 0.66% 34.38 37.5 25.9
Personal Computers 2 1 50 0.09% 50 50 44.58
Auto Parts Wholesale 4 2 50 -0.20% 56.25 52.5 40.63
Real Estate Development 14 6 42.86 0.56% 21.16 17.25 17.26
Consumer Services 12 5 41.67 -0.88% 53.05 53.53 43.84
Foreign Regional Banks 17 7 41.18 -0.53% 44.12 50.59 49.16
Technical Services 17 7 41.18 -0.76% 62.34 43.27 20.78
Auto Parts Stores 5 2 40 0.21% 85 88 77.5
Electronics Stores 5 2 40 -0.08% 0 4 12.5

Here are the top 10 industries in percentage of stocks advancing today, which also happens to be all the industries that have 40% or better advancing.




Food -major diversified is not a leading group, and you really would not expect it to be, being in a more defensive sector. I did have very good relative strength early last year, but during the summer correction really got hit hard and got a very weak bounce, which appears to be ending. If we are headed into another correction, this group may stand up better than most others, but will still get hit.

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