SMO Exclusive: U.S. Stock Market Strength Report 2024-05-31 (no new Longs)

Current stats:

Market Strength Score: -68%, no new Longs

Leading Sector/industry grouping with a 4.5 weighted average ranking:
- Industry Group 1 (Automotive, Energy, Materials & Construction, Metals & Mining, Transportation)

Lagging Sector/industry grouping with a 5.0 weighted average ranking:
- Industry Group 2 (Diversified Services, Health Services, Leisure, Media, Utilities) - Industry Group 3 (Aerospace/Defense, Chemicals, Drugs, Manufacturing, Wholesale)

Leading Sub-industry (minimum 3 stocks) with 1Strongest ranking:
- Metals & Mining - Aluminum

Lagging Sub-industries (minimum 3 stocks) with 9Weakest ranking:
- Drugs - Drug Delivery
- Wholesale - Auto Parts
- Wholesale - Medical Equipment

Your weekly reminders:

🔹 The market does not have to be so complicated.

🔹 Market conditions matter.

🔹 The journey to 100% returns begins with 10% returns.

🔹 The journey to multi-month rallies begins with a one-week rally.

🔹 The stronger your stocks, the greener your P&L.

More in the market, sector, industry, sub-industry, and stock analysis below.

I. MARKET Prologue Critical Concepts/Market Strength Score

IIA. INDUSTRIES 10-Week Week-by-Week Strengthening

IIB. INDUSTRIES % Positive/Negative Stocks

IIC. INDUSTRIES % Strongest/Weakest Stocks

IIIA. SUB-INDUSTRIES 1-Week Strength Summary

IIIB. SUB-INDUSTRIES 10-Week Strengthening/Weakening

IVA. STOCKS Outlier Sorts

IVB. STOCKS Multi-Year Highs/Lows by Sector/Grouping

IV. EXHIBITS System Foundations