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Wednesday, January 30, 2013

Today's Leading Industry

These are the industries with 60% or more of their stocks advancing today.

These are the industries with 25% or more of their stocks making new highs.

There isn;t much leadership in terms of stocks advancing today, but the new highs list is showing where the strength is. Cement now has all of it's stocks in the relative strength range, is in the top 10 in every other category, and all a very close to new highs. Overall the group is pulling back today, but may be setting up for another round of breakouts, but it could also be topping, although there is no real sign of that yet.

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