Not much going on in the market since the beginning of August-down just 2 percent:)
Source: Bespoke Investment Group
Not much going on in the market since the beginning of August-down just 2 percent:)
Source: Bespoke Investment Group
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 (11/28/11 – 12/2/11) is as follows:
Led by the laggards, the market just exploded higher last week.
Energy and Materials, two of the most economically sensitive sectors of the market, were the leaders for the week.