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Charts courtesy of stockcharts.com

Tuesday, June 25, 2013

Today's Leading Industry

Name 06/22/13 Change 4 week avg 10 week avg 4 wk - 10 wk 40 week avg 10 wk - 40 wk Stocks Adv (week) 200 d Total Adv (today) NH
Investment Brokerage - National 76.47 -5.88 82.35 74.71 7.65 28.11 46.6 17 76.47 11.76 398.24 94.12 17.65
Publishing - Periodicals 50 0 58.34 56.67 1.67 40.09 16.58 6 50 0 273.35 100 16.67
Cigarettes 0 -16.67 33.34 53.34 -20 40.98 12.35 6 16.67 0 120.01 83.33 16.67
Sporting Goods 66.67 0 75 73.33 1.67 49.91 23.42 6 50 16.67 356.67 66.67 16.67
Lumber, Wood Production 66.67 0 60.12 65.83 -5.71 61.09 4.75 6 66.67 16.67 336.09 50 16.67
Home Furnishing Stores 85.71 0 78.57 71.43 7.14 43.44 27.98 7 28.57 28.57 371.41 100 14.29
Food Wholesale 42.86 -14.28 53.57 41.43 12.14 30.21 11.22 7 14.29 14.29 205.73 42.86 14.29
Electronics Wholesale 26.67 -13.33 36.67 32.27 4.4 16.8 15.46 15 26.67 6.67 152.28 66.67 13.33
Information & Delivery Services 50 -20 62.5 63.33 -0.83 42.96 20.37 8 12.5 0 230.83 75 12.5
Regional - Southwest Banks 72 4 76 71.2 4.8 60.23 10.97 25 64 4 367.2 72 12

There are about 20 groups that have 100% of their stocks moving up today, these are the groups with 10% or more of their stocks making new highs.


Home improvement stores is one of the few housing related groups that has not gotten whacked in the last month, so it's a good idea to take a look and see if I can figure out why. Looking ar the charts, i is apparent that these did get hit, just not buy much. However, all are below the 50dma, and several could actually be pretty good short candidates as they move up into the 50. HD, LOW, and LL all getting close, and look like ideal potential short setups, assuming the market is in for another down draft, which at this point I think is likely.

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