Energy 2023-07-10: unchanged "Average" strength rating (5th strongest of 9 levels), previous move was up

Per the graphic below the general movement in Energy is strengthening over the past eight weeks, but not explosively so. Major Integrated O&G - a closer look at the heavy hitters Major Integrated O&G has been flat for the past two months - here's

Metals 2023-07-10: unchanged "Average" strength rating (5th strongest of 9 levels), previous move was up

Gold leader Newmont Mining is clearly struggling. Full detail for the past eight weeks by sub-industry is shown below. Leaders and Laggards Strongest and weakest stocks are shown below.

Big vs. Small Cap strength as of 2023-05-23? (FAAMNNG included)

A different look at big vs. small caps that you won't find anywhere else. FAAMNNG Very Strong, other big caps (S&P500) are Average as small caps lag BUT may be starting to flex based on this past week. Will this continue? Other notes - GE doing

Electronics (Semiconductors) strength status as of 2023-05-16?

Short and to the point: Electronics STRENGTHENED over the past week, with a current rating = "Average."  Stocks rated "Strongest" in Strengthening sub-industries: A view by sub-industries - note Semiconductors - Broad Line and Semiconductors - Memory Chips have each strengthened over the past three weeks: Downloadable

Metals strength status as of 2023-05-15?

WEAKENED over the past week, rating = "AVERAGE." Gold is the strongest Metals sub-industry, rated “Strong” with nine stocks rated “Strongest”: AEM, AGI, BTG, EGO, EQX, FNV, GOLD, KGC, OR, RGLD, SA. These all stayed the same during the past week, but overall due to the action of the

Energy strength status as of 2023-05-12?

ENERGY industry status: WEAKENED over the past week, rating = "WEAKER." (Compare this to the last time I reviewed Energy.) Only 6 stocks rated "Strongest" (<10% of the “Weakest”): VIST, DEN, NOA, RNGR, MMP, VVV. Major Integrated Oil & Gas = Very Weak overall (XOM, CVX, CVE,

Real Estate strength status as of 2023-05-11?

Following up the previous Real Estate-focused post, the current reading shows Real Estate is "Weaker" and strengthened over the past week. There are 14 stocks rated "Strongest" and 108 rated "Weakest." This is an improvement over the previous week's ratio of 13:

Banking strength status as of 2023-03-08? (Pre-carnage, for context)

Did you know ALL Banking sub-industries weakened the week ending 3/8/23 - the cusp of the subsequent carnage? And, today's ratio of 2:253 strongest vs. weakest Banking stocks (see this post for more detail) is well below the 37:82 ratio on 3/8/23.

Banking strength status as of 2023-05-10?

Banking stocks update 5/10/23: strength rating Very Weak, unchanged over the past week. Two stocks with Strongest rating, 253 with Weakest rating - see linked document below for details. Bottom fishing time? Paraphrasing Dirty Harry: Do you feel lucky? SMO Banking 2023 05 10 SMO Banking 2023-05-10.pdf

Electronics (Semiconductors) strength status as of 2023-05-09?

Here's a follow-up to my previous Electronics-focused post. After the close today May 9, 2023, Electronics was unchanged over the past week and has a Weak strength rating (The lowest rating is Weakest, above that is Very Weak, then Weak). The industry micro-summary for context: Moves of Note

S&P500 strength status as of 2023-05-09?

The S&P 500 is of Average strength after strengthening over the past week ending May 9, 2023. Below is a four-week look back at the index by Sector. The relative deterioration is clear in the index's Basic Materials stocks, which weakened down to the same strength

Major indexes strength status as of 2023-05-08?

Following up yesterday's post I did the same analysis for the major indexes. This version provides more detail in the summary chart in the upper right corner of the detail pages. For example, here's today's S&P 500 summary: Which bottom-lines this chart

Overall market strength status as of 2023-05-05? (Anything going on with Office REITs?)

Perhaps you've seen heat maps like this sample one. Unfortunately, I cannot tell the importance of the data provided. They spew single day data points without context. So I don't find these helpful. Context is Critical Below is what I do find helpful - because it

Energy, Materials/Construction, Metals/Mining strength status as of 2023-05-04?

To supplement what you may be able to find elsewhere, here is a comparison of strength for three disparate industries. Over the past week: - Energy weakened and is Weak - Materials/Construction was unchanged and is Strong - Metals was unchanged and is Average strength Head-to-head Summaries More Detail

People really believe this about LTB&H? 2023-05-04

This "Market Timing's Toll" graphic was posted yesterday on LinkedIn. It is typically and erroneously used to attempt to validate Long Term Buy & Hold. There may be reasons to LTB&H but this is not one of them. My response: 0% chance one misses

Real Estate strength status as of 2023-04-28?

Real Estate's strength rating is "Weaker" and it strengthened over the past week. Following is a summary by sub-industry of the sequential week-by-week changes over the past month. Strongest/Weakest Stocks Below is a stock-by-stock look at only the Strongest and Weakest Real Estate stocks. There

Banking strength status as of 2023-04-28?

Banking's strength rating is "Weaker" and its strength is unchanged over the past week. Following is a summary by sub-industry of the sequential week-by-week changes over the past month. Strongest/Weakest Stocks Below is a stock-by-stock look at only the Strongest and Weakest Banking stocks. There

Sector Risk Gauge 2023-04-28 - where are we right now?

Following up this post, this post shows the current Sector Risk Gauge. Updated Strength Scores For reference, recent Strength Scores are as follows: 2023-04-28: Strength Score -10%, with a NEGATIVE trend (4.3%) 2023-04-21: Strength Score 7%, with a POSITIVE trend 0.9% 2023-04-14: Strength Score 3%, with a POSITIVE

S&P500 strength status as of 2023-04-21? (With a Specialty Chemicals digression)

The S&P500 is hugging the midline - not strong and not weak. Average strength, and unchanged over the past week. This is purely a measurement and not a prediction. Here is a summary look today vs. April 12: A look by sub-industry Here's a visual showing

Financial Sector strength status as of 2023-04-21?

Wondering how the underlying industries in the Financial Sector compare with each other? Specifically, Banking, Financial Services, Insurance, and Real Estate. The linked report below provides a unique look at this. In the meantime, here are spoiler alert summary graphics. Banking and Real Estate remain the weakest in the Financial

Electronics (Semiconductors) strength status as of 2023-04-18?

Semis have been led by big cap NVIDIA Corporation/NVDA and its gaudy 146% gain since October 14, 2022. Let's follow up my last Electronics-focused post today. Electronics WEAKENED and is of Average strength. None of the Electronics sub-industries strengthened. All except two weakened. Looking at various periods

Computer Software strength status as of 2023-04-17?

To steal from a famous Kinks song, Computer Software is a "mixed up, muddled up, shook up world" (except for Lola). Though the industry was unchanged on the week, the sub-industries were a mix of strengtheners, weakeners, and unchanged players. Computer Software has Average strength. The strongest sub-industries

Automotive (and Auto Dealers) strength status as of 2023-04-14?

Auto Dealers are part of Specialty Retail but this report uniquely compares them with Automotive. Automotive currently has a Weak strength rating. Auto Dealers have a Strong strength rating. Of note, Automotive and Auto Dealers have strengthened over the past week after weakening over the past two month, one month,

Materials & Construction (Homebuilders) strength status as of 2023-04-14?

Current strength rating is "Strong." The industry has strengthened over the past week but weakened over the past two weeks. Homebuilders at the head of the pack Residential Construction - AKA Homebuilders - is the star student right now with a "Very Strong" rating, per the

Metals (Gold) strength status as of 2023-04-14?

Strengthening over the past month. Gold leading the way. Copper right there with Gold although there are only two Copper stocks. Gold stocks closeup Unlike with the broader market larger vs. smaller caps as covered in this post, the larger caps in Gold are bringing up the rear, relatively speaking