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Wednesday, March 27, 2013

Today's Leading Industry

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

These are the industries with 20% or more of their stocks making new highs.
One of the ways you can tell a correction is coming is strength in the utilities. That relationship broke late last year with the dividend tax change sell off, but it appears to be on again. This is diversified utilities, which is the strongest of the utilities groups, and it is strengthening, yet another sign of the correction hat refuses to come.

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