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Wednesday, August 8, 2012

Today's Leading Industry

These are the industries with 75% or more of their stocks advancing today.

 These are the industries with 15% or more of their stocks making new highs.

It may be a coincidence, but once again we have a publishing group taking center stage. This is newspapers, 9 stocks, that is historically weak but appears to be gaining strength. There are a few good looking charts here: NYT, DJCO, JRN, and SSP are at or close to new highs. None are leadership material, and few get more than vapors for volume, but, again, this group is worth a look.

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