Industry Relative Strength
- Posted by Ivanhoff
- on September 8th, 2008
| Industry group | 1 month performance |
| Building – Residential | 19.40% |
| Retail – Apparel shoes | 15% |
| Retail – Wsale Auto | 11.30% |
| Finance – SBIC Commercial | 10.30% |
| Finance – Consumer Loans | 10.10% |
| Mining – Silver | -18% |
| Oil Field Machinery EQ | -18.80% |
| Food – Meat Products | -21% |
| Steel – Producers | -29.50% |
| Coals | -37.70% |
| The group “Building – Residential” scored third consecutive week of gains and continues to top the list of monthly RS. The Retail – Apparel, shoes group is in strong uptrend since the middle of July and climbed to second position. Last week brought 2 financial industry groups at the top. Both are advancing in good temp since the middle of July. Medical groups, which dominated the list during the last month had bad week and only one (Medical – Hospitals) managed to stay in top 10. | |
| Looking at the bottom of the list, nothing changed. The same industry groups experienced even bigger correction. | |
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
blog comments powered by Disqus-
My name is Ivan Hoff. I am a stock trader. I manage Stocktwits 50, Stocktwits Email and was featured in The Stocktwits Edge, which I edited. (More) -
Recent Posts
- There Are 3 Stages In a Typical Bull Market
- 12 Insightful Thoughts from “The Most Important Thing” by Howard Marks
- Banks Need Higher Interest Rates to Start Making Money
- Five Indicators to Gauge Risk Appetite
- How Cheap is Apple?
- Embrace the Uncertainty
- 13 Signs of a Bull Market
- The Good News
- A Look Back At the Internet Stocks Mania Through the Eyes of A Value Investor
- The Revenge of Last Year’s Losers, Week Two. Welcome to January
-
Archives
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- June 2008
-
