Online Trading Breadth Based Sector Performance

Ralph May 3rd, 2008

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Last week we commented that the Dow and S&P 500 appeared clear to run to their sma 200’s. The Dow reached that target on Friday and the SP-500 lagged behind (as we suggested it would) but is just about to make it there as well. We would expect the S&P500 to complete that target next week but overall the upward trend is appearing to be a bit tired. We would expect to see some consolidation next week, even some possible testing of supports, as this market refuels for more upside to come in the coming weeks.


Breadth for the market overall last week was in the range of +25% which is fairly strong. This week the broadest based buying (on a percentage basis) was in Transportation, Semiconductors, Utilities, Financials and Pharmaceuticals among many others. The broadest based selling was in Tobacco, Materials, Energy and Oil.  The free report will give you all the detail you need.

We had previously published the weekly reports live on this blog but decided to step up our generosity another notch and give it away in an excel format (we previously charged $5 for this) for FREE from now on! The feedback we’ve been getting from our customers is that the Excel format is much more user friendly than the blog format.


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We invite you to learn more about the huge advantage breadth analysis gives you as a trader or investor. As you can see in the table above we track 11 Major US Stock Market Indexes and Averages, 23 important Exchange Traded Funds (ETF’s) and all of the widely followed Hemscott Financial Data North American Industry Groups. These groups are easily tracked within the award winning Worden Brothers Stock Market Trading Software Telechart. This software works perfectly with this report, we suggest you give it a try!

If you’d like to receive any previous Weekly Sector Breadth Reports just let us know!

Good Trading!

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