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Tuesday, June 18, 2013

Today's Leading Industry

These are the industries with 90% or more of their stocks advancing today.

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

Textiles-industrial is a 7 stock group that has high short term strength, decently high medium term strength, but low long term strength. However it does have 3 stocks in 200 day price relative up trends, and one other recent leader, MHK, which is currently forming a base. Almost all of the stocks in this group are closer to new hgihs than lows, and this could emerge as a leading industry in the next market up trend.

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