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Thursday, December 8, 2011

Today's Leading Industry

These are the industries that have 25% or more of their stocks advancing today.

 These are the industries with 5% or more of their stock making new highs/

We are seeing a lot of the industry leaders with higher percentages of stocks advancing, but they are all small groups so not too much can be read into that. Cleaning products is one I have not graphed in a while, and is one of those defensive indutries that holds up best during periods of market weakness, but is still weakening itself. It got a prety good bounce on the last move up, but not nearly as good as the one before it. If the market is moving into another down leg, this will drop less than most other industries, but will still likely drop.

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