Sent to you by Dominic via Google Reader:
via Think BIG by Bespoke on 4/1/10
As shown below, 90% of stocks in the S&P 500 are currently trading above their 50-day moving averages. This is at the top end of the indicator's range over the last year.
In the Industrials sector, 100% of stocks are trading above their 50-days! That's as high as it gets. The Financial sector isn't far behind with a reading of 97%. Materials, Consumer Discretionary, Consumer Staples, and Technology are all above 90% as well. Health Care, Utilities, Energy, and Telecom have the lowest readings, but even these sectors are all at or above 75%.
Subscribe to Bespoke Premium to view these and many other sector charts on a regular basis.
Things you can do from here:
- Subscribe to Think BIG using Google Reader
- Get started using Google Reader to easily keep up with all your favorite sites
Cool just found a new feature for posting to the blog. I can email articles from my google reader directly to the blog as a post.
ReplyDeleteAwsome!!!!