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Charts courtesy of stockcharts.com

Thursday, April 12, 2012

Today's Leading Industry

 Here are the top 30 industries in percentage of stocks advancing today.

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

Air Services- other is a 7 stock group that at one time had been pretty strong, but has had a weak bounce off the 2011 correction. The charts as a whole don't look too bad, but there is only one strong stock, ASR, and that is breaking out today. All the stocks in the group are moving up, but that doesn't say much on a day like today.

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