Friday, July 28, 2006

The return of big caps?



The $OEX is hitting two-month highs, partly due to the strength of big pharma ($DRG). Are big caps finally starting to outperform?

Thursday, July 27, 2006

When will $compq bottom?













The $compq will have secured a bottom once outperformance against the $indu appears.

Seeing the trees in the forest....

The weakest sectors in the $SPX based upon 14-day RSI: XLI, XLY
The strongest sectors in the $SPX based upon 14-day RSI: XLE, XLU

Record breakout: XLU, $UTIL (recession omen?)









Notable Strength: $XNG (old man winter approaches just as all the $natgas gets used up by the AC?)

 

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