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 10/11/2010:
RS leaders and laggards continue to generate similar performance-as they have for over a year now. A longer-term view of the RS Spread is shown below:
Over time, the RS Spread had risen as a result of relative strength leaders performing better than relative strength laggards.
