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Monday, May 13, 2013

Today's Leading Industry

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

 These are the industries with 30% or more of their stocks making new highs.

Cigarettes is a 6 stock group that really got hit hard in 2012, has bounced back, but it is still up in the air as to whether this is potential leadership or just a bounce.  All are in short term up trends, and are in or very close to the relative strength range. None of the individual stocks here are really potential market leaders. As a group they are pretty strong, but it is too early to know if this is leadership or if they are just bouncing off a very rough year.

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