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Wednesday, February 1, 2012

Today's Leading Industry

These are the industries with 90% or more of their stocks advancing today.

These are the industries with 20% or more of their stocks making new highs.


Auto dealership is a 12 stock group that, while not terribly strong long term, is not terribly weak, either, and has bounced back very strongly from the 2011 correction, with 2/3 of the stocks int he group now int he relative strength rang and about half withing spitting distance of breakouts. Why this group is so strong right now I have no idea, but it clearly is.

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