20121214 Moving Average Breadth

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20121214 Moving Average Breadth

So last weeks Breakouts turned into back tests, well actually the $QQQ never even broke out.  Let’s see how it looks under the hood.

First the Total universe of 1960 companies posted over the $SPY

12-14-2012 Total Universe with SPYNext I split the universe into 10 broad sectors

12-14-2012 Consumer Discretionary

Consumer Discretionary

12-14-2012 Consumer StaplesConsumer Staples

12-14-2012 Energy


12-14-2012 Financials


12-14-2012 Health Care

Health Care

12-14-2012 Industrials


12-14-2012 Materials


12-14-2012 TechnologyTechnology

12-14-2012 Telecom


12-14-2012 UtilitiesUtilities

These are custom indexes so you cannot invest directly in them, but there are plenty of ETFs available for each sector.  For me personally this is another form of relative strength, just with a broader lens .

Good Luck!  It is there for you to make.

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(All market data above are derived from Stockcharts.com, Esignal, and Reutersdatalink)
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About Author


is a Chartered Market Technician (CMT) and Certified Financial Planner (CFPr) in Greensboro Georgia (Outside Atlanta). Founding partner of Barber Lackey Financial Group, LLC, a Registered Investment Advisor. However, this blog is not affiliated with BLFG and does not make recommendations to buy sell or hold any securities.