Finance Shows Green in the Market Cap Market Carpet
As the Sector Market Carpet shows, the finance sector has the biggest average gain (2.4%) thus far on Friday. Technology is second with the average stock gaining 1.9% on the day. Notice that the boxes are different sizes because of mark......
CAT Powers the Dow Higher
According to the Wall Street Journal, "Caterpillar's 20% stock surge this month contributed nearly 34% of the Dow Jones Industrial Average's 415-point advance." As a price weighted "average" the highest priced issues in the Dow carry the most weight. This is also true for the Dow Transports and Dow Utilities. Click this chart for a...
StockCharts’ Uptime Report for 2011 – Four Nines!
The results are in and StockCharts.com was faster and much more stable in 2011. Did you notice? No? That's good! In 2009, Pingdom reported that we were available 99.77% of the time (a total of 18 hours and 25 minutes of downtime). In 2010, Pingdom reported that we were up 99.94% of the time (a...
Quest Diagnostics Breaks Resistance with SCTR Surge
A look at the
StockCharts Technical Rank (SCTR)
movers shows Quest Diagnostics with...
DJ Ireland Index Breaks 2011 Highs
While the German DAX Index ($DAX) and the French CAC Index ($CAC) languish well below their 2011 highs, the DJ Ireland Index ($IEDOW) shows strength with a break above its highs....
Banks and Biotechs Lead Industry Group PerfChart in 2012
John Murphy's industry group PerfChart shows the Banking Index ($BKX) and the Biotech Index ($BTK) leading the market higher with the biggest gains. Also note that the Gold and Silver Index ($XAU) and the Broker Dealer Index ($XBD) are strong this year. Click this chart for a live image
Stocks, Oil and Gold Remain Positively Correlated
The PerfChart below shows six intermarket related ETFs. The S&P 500 ETF (SPY), US Oil Fund (USO) and Gold SPDR (GLD) are positively correlated as all show gains in 2012. In...
Consumer Staples SPDR Continues to Lead with 52-week High $XLP
Of the nine sector SPDRs, only two hit new 52-week highs last week: the Consumer Staples SPDR (XLP) and the Utilities SPDR (XLU). These two defensive sectors are clearly leading the...
ADP Breaks Resistance with big Surge
Automatic Data Processing (ADP) may have an antiquated name, but the stock has outperformed Apple (AAPL) since mid September. On the chart below, ADP broke resistance from the October-November highs with...
Finance Sector Leads Market Lower
Once again, it is the finance sector feeling the heat from across the pond. This screenshot from the
market summary page
...
Home Construction iShares Leads with a Breakout
The Home Construction iShares (ITB) is one of the strongest industry group ETFs in the market right now. The chart below shows ITB breaking above its mid-November high with a surge...
Airlines and Oil Go their Separate Ways
The Airline ETF (FAA) and Spot Light Crude ($WTIC) were moving in the same direction from July to mid October, but went their separate was in late October. Spot Light Crude...
