Sector Action

I hear you Peanuts. I’ve been bull in Healthcare and what I find interesting is thus far the tech heavy Nasdaq is the only one breaking out of the range. I still think follow through is key. I have not paid much attention to steel or oil. I’m going to put oil back on watch..

Take a look at small/mid caps and notice they have not yet cleared their ranges yet..

[peanuts]

strength

over the last 2 weeks:

I am seeing continued strength in Financials and Healthcare

I am seeing new strength in Real Estate, Retail, and Basic Materials

I am seeing re-newed strength in Steel

I am seeing increasing weakness in Oil and Natural Gas, and Transportation (that's odd)

I think tech is looking interesting. I'll wait on the P/B's as I'm not a break out trader. It also appears as if the Nasadaq is trying to regain leadership. I like the prospects of this chart and will look within the the groups for possible longs

[dmk112]

Runner, this is pretty much all commodities...the grizzlies came after them. oh boy

Steel has fallen out of a base and so for now my bias is bear for this group

Commodities have been taking a good butt kicking as of late. Here is SILVER. it is in trouble. Might be worth a play on the short side on a bounce..

A few stocks in the group

SSRI PASS SIL SLW

OK, thanks, I agree.

What do you think about WLT?

Peanuts, WLT look good as it is in an up trend. That wide bar a few days ago has me concerned. I’m also just not that crazy about getting long at this time. I’ve noticed a lot of wide bars but not sure if this was due to the extended holidays. I personally would not open a position in WLT

[peanuts]

I show WTS is in the Industrial Equip & Components group. I like CRDN the most in that group right now.

OK, thanks, I agree.

What do you think about WLT?

I show WTS is in the Industrial Equip & Components group. I like CRDN the most in that group right now.

[peanuts]

First week of Jan the S&P was down .49%. Here the results…

What do you think about WTS?

List of groups that have outperformed the S&P500 every Jan since 2003

First week of Jan the S&P was down .49%. Here the results…

Commodities have been taking a good butt kicking as of late. Here is SILVER. it is in trouble. Might be worth a play on the short side on a bounce..

Thus far during the month of December the S&P has managed to drop .15%… Choppy action their to say the least. Here is the performance the group scans thus far for month of December.

During the month of Dec the S&P500 climbed 1.55%. Here are the group results.



Here is the Dec top group chart...