The 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 8/30/2010:
We continue to see the RS Spread reflect the similar performance between the relative strength leaders and the relative strength laggards.
[...] now. Mid-2008 to mid-2009 was miserable for relative strength. Over the past twelve months, according to a top-quartile versus bottom-quartile spread chart, relative strength has been pretty dull. Even so, all five of our Systematic RS strategies have [...]