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Thursday, March 22, 2012

Today's Leading Industry

These are the industries that have 40% or more of their stocks advancing today.

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

Yesterday I looked at specialty eateries, a group that has leading stocks but is very small, and I mentioned that restaurants would be a good place to look for related groups. This group has the opposite problem: it is so large (49 stocks) that it makes small percentage moves, and inevitably will contain more crap stocks. It does have several strong stocks, including perennial leader CMG, recent leader BWLD, and several others in very strong up trends.

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