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Charts courtesy of stockcharts.com

Wednesday, April 25, 2012

Today's Leading Industry



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

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


Once again REITs are standing out, with REIT- retail beong one I have not looked at yet. It is 37 stocks, most of which are at or near new highs, and you would not know the market was in a correction looking at the charts. This is a fast rising group and will probably start asserting leadership characteristics very soon.

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