Front and center on Yahoo! Finance this morning is the following headline:
Arguably the headline is hyperbolic, but this is just your daily reminder why you need to use technical analysis—money is made by investing in the market as it actually is, not how we think it should be.
Leave a Comment » | 
Markets, Thought Process | 
Permalink
Posted by: Andy Hyer
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 10/1/2012:
The spread is on the cusp of breaking above its 50-day moving average—a potentially positive sign for relative strength strategies.
Leave a Comment » | Markets | Permalink
Posted by: Andy Hyer
You are currently browsing the Systematic Relative Strength blog archives for the day Tuesday, October 2nd, 2012.
