A week like we just had typically rises all boats and this time was no different. There were big surges across the sectors escorting breakouts galore. This week seemed important over and above the Fiscal Cliff. I believe it was a strong message that should be noted.
First the Total universe of 1898 companies posted over the $SPY
Next I split the universe into 10 broad sectors
Consumer Discretionary (325)
Consumer Staples (91)
Health Care (199)
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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