What’s Hot, What’s Not
Notes on the latest moves in the industry groups:
- A few more groups are sneaking up on those still-declining 50-day moving averages (red line) – the insurers and the energies are looking to join the utilities and precious metal stocks – but none have convincingly turned the corner as of yet.
- Despite the big bounces this week – especially from the most beaten down areas, like the financials and the metals – most charts are still pointed downward. Have a look: set #1 — set #2 — set #3 — set #4
- For a more detailed breakdown of group movement over various time periods, try Prophet.net’s Industry Rankings page., or the Industry Group Tracker at WSJ Online.
| Best Performing Industries | ||
|---|---|---|
| Last Week | Last 4 Weeks | Last 8 Weeks |
| Brokers ($XBD) +37.7% | Gold & Silver ($XAU) +25.3% | Airlines ($XAL) +0.2% |
| Housing ($HGX) +34.6% | Utilities ($UTY) +3.0% | Utilities -6.6% |
| Metals & Mining (XME) +30.8% | Oil ($XOI) +1.2% | Transportation ($TRANQ) -7.1% |
| Steel ($DJUSST) +30.1% | Telecom ($XTC) +0.3% | Oil -8.6% |
| Banks ($BKX) +29.7% | Commodities ($CRX) -0.0% | Gold & Silver -9.4% |
| Worst Performing Industries | ||
|---|---|---|
| Last Week | Last 4 Weeks | Last 8 Weeks |
| Utilities +3.9% | Paper ($DJUSPP) -28.0% | Paper -50.8% |
| Drugs ($DRG) +5.3% | REITs ($DJR) -23.6% | REITs -40.1% |
| Health Care Prods. ($RXP) +5.5% | Hospitals ($RXH) -21.4% | Disk Drives ($DDX) -39.7% |
| Health Care ($HCX) +6.2% | Banks -18.2% | HMOs ($HMO) -34.3% |
| Comp. Tech. ($XCI) +7.4% | Semiconductors ($SOX) -17.2% | Brokers -34.2% |
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