Recommended Reading

Google Search

Google
 
Charts courtesy of stockcharts.com

Thursday, April 18, 2013

Today's Leading Industry

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

These are the industries with 10% or more of their stocks making new highs.

I was going to pass on the industries today since there really isn't any leadership today. Confectioners is on both lists, but is only 5 stocks and is definitely not a leading group. However, I looked at the charts for the group and just said "holy crap". Take a look at HSY and TR - they have been going ape since about the beginning of the year, and have been doing quite well during this latest market meltdown. I don;t know what is going on here, but I better start paying attention to it.

No comments:

Google Analytics