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Monday, April 2, 2012

Today's Leading Industry

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

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

With the high number of stocks moving up today, it should come as no surprise that there are not many groups on both lists. Aerospace and defense - major diversified is one of two defense related groups, and since it is the majors it is the smaller of the two, at only 5 stocks. It has been a weak group for over two years now, and the recent strength may be a bit deceiving. There are two stocks in the group, GY and RTN, which came off the October low like gangbusters and are at or near new highs. A third, TXT, didn't do much until January, is now breaking out of a pretty decent base. The other two are not terribly strong.

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