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 (3/7/11 – 3/11/11) is as follows:
Not a good week for high relative strength stocks. The Energy sector, which has gained significant strength over the past 6-9 months, was down almost three percent for the week.
