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Monday, November 19, 2012

Today's Leading Industry

There are almost 50 groups that have 100% of their stocks moving up today, so there isn't much help there. These are the industries with 10% or more of their stocks making new highs.

Home improvement stores is notable for having 2 of the strongest 200day up trends in the market in HD and LL. You can add LOW to the list of leading stocks, with a big breakout today. There are only 5 stocks in this group, but 3 of them are now market leaders, so this along with a related group, home builders, are the 2 leading industries right now.

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