June 7, 2015 Strength In Numbers

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June 7, 2015 Strength In Numbers

12-23-2013 Cover Graphic

*If you are not on the email list and would like to review the full report each week, please email me at gtlackey@gmail.com and I will add you to the beta list.  Please include your Stocktwits or Twitter handle in the email if you have one.  You will receive a weekly email with the password to log in to the report and any updates there are during the week.  I do not share your email with anyone at any time.*

For more background on this report check out Strength In Numbers Explained.  Previous reports can be read here.

*This week’s report is without any commentary.  I was not able to get that into a very busy weekend, but wanted to make sure I got the data to you so you could make your own interpretations.  

Macro Relative Strength

6-5-2015 Intermarket RS

Intermarket ETF on FINVIZ

6-5-2015 Equity Size & Style ETF RS Rankings

Size & Style on FINVIZ

Sector Relative Strength Rankings

First, I look at the Custom Indexes that I use for all the breadth work to see what they are telling us on a price weighted basis.

6-5-2014 Broad Sector CI Relative Strength 6-5-2015 Subsector CI Relative Strength

Next, I look at a Broad Sector ETF Proxy which I use Vanguard ETFs to make sure things are similar and for some tradeable ideas.  Below that is the Equal Weighted version for comparison.

6-5-2015 Sector Proxy ETF RS Rankings 6-5-2015 EW Sector Proxy ETF RS Rankings

This will differ a little due to the different make-up of the Capitalization Weighted ETFs.   If you click on the table (or here), it will take you to a page that will go much deeper into the Sector ETF Relative Strength.

Top 30 Sector ETF RS Rankings6-5-2015 Top 30 Sector ETF RS Rankings

Top 30 Sector ETF RS Rankings on FINVIZ

Bottom 30 Sector ETF RS Rankings6-5-2015 Bottom 30 Sector ETF RS Rankings

Bottom 30 Sector ETF RS Rankings on FINVIZ

Broad Market Breadth

Universe of 3,070+ stocks from 10 custom broad sectors and 49 subsectors.  Universe contains only stocks (that are both optionable and shortable) with no Preferred stocks, CEFs, ETFs, or UITs to skew the breadth measurements.  There is a breakdown of the universe in the powerpoint presentation link at the top.

The New High-New Low Differential6-5-2015 Universe NHNL

The Advance Decline Line6-5-2015 Universe AdvDecLine

The McClellan Indicators6-5-2015 Universe McClellan

The Moving Average Breadth6-5-2015 Universe MA Breadth

Breadth Thrust Indicator6-5-2015 Universe BreadthThrust

Percent Days6-5-2015 Universe Percent Days


Broad Sector Breadth

This can give us a first level view of the flow within the broader market.  It is a true measure of the markets’ breadth.

Broad Sector Advance Decline Line6-5-2015 BSec AdvDec Line Dashboard

Broad Sector Moving Average Breadth6-5-2015 BSec MA Breadth Dashboard

Broad Sector McClellan Charts6-5-2015 BSec McClellan Dashboard

Broad Sector Breadth Thrust6-5-2015 BSec Breath Thrust Dashboard

The New High – New Low Differential6-5-2015 BSec NHNL Dashboard

Clicking on the highlighted links will go to a page with the dashboards for the Subsectors.

Don’t forget the Breadth Compilation Charts allow you to view all the relevant breadth indicators on one chart for each sector as well as the entire universe.  One thing to look for is when breadth extremes line up in multiple indicators on a chart.

Final Note:  So, as you can see there is definitely a good bit of info in the charts and tables. I will leave it to you to decide how to interpret it this week, but wanted to at least make sure you had that opportunity.  I will be back with normal commentary next week.

Have a great week!

G. Thomas Lackey Jr, CMT CFP® CFS

Follow me on StockTwits and Twitter @gtlackey (All market data above are derived from Stockcharts.com, Esignal, and Reuters Datalink)

The information set forth herein was obtained from sources which we believe to be reliable, but we do not guarantee its accuracy.  Neither the information, nor any opinion expressed, constitutes a solicitation by us of the purchase or sale of any securities or commodities.  There is no guarantee that the views expressed in this communication will become reality.  Investing in the stock or bond markets involves risk and potential loss of principal.  Investment strategies should be thoroughly vetted and discussed with a financial advisor prior to implementing.

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.