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Monday, March 5, 2012

Today's Leading Industry

 Here are the industries with 70% or more of their stocks advancing today.

 These are the industries with 10% or more of their stocks making new highs.

 Besides cigarettes, REIT-Office is common to both groups. It is a 19 stock group that, on this chart, is not especially impressive, but looking at the individual charts, there are some pretty nice looking setups here. COR and DLR are the strongest stocks, but there are several others setting up in cup and handle patterns and they might start moving up soon. AAT looks like the one most likely to stage a breakout. Overall, this group looks like it has a lot of potential.

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