The table below shows the performance of a universe of mid and large cap U.S. equities, broken down by relative strength decile and quartile and then compared to the universe return. Those at the top of the ranks are those stocks which have the best intermediate-term relative strength. Relative strength strategies buy securities that have strong intermediate-term relative strength and hold them as long as they remain strong.
Last week’s performance (11/22/10 – 11/26/10) is as follows:
High RS stocks had another good week last week, with the top quartile outperforming the universe by 114 basis points. The Consumer Cyclical and Technology sectors (two sectors that have been market leaders for well over a year now) were again among the market leaders.
