The masses are convinced that equities are not for them (“The Age Of No More Tears Investing,” Forbes, 8/17/10). Surely, this time will turn out better than all the other times the masses have felt so strongly about a given investment theme…
Relative Strength Spread
August 17, 2010The chart below is the spread between the relative strength leaders and relative strength laggards (universe of mid and large cap stocks). When the chart is rising, relative strength leaders are performing better than relative strength laggards. As of 8/16/2010:
There was no significant change in this indicator over the past week. The relative strength leaders and relative strength laggards continue to generate similar performance for now.
Posted by: Andy Hyer







