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

Proof of flight to big caps? 2023-04-13

This methodology provides the flexibility and ability to meaningfully compare stocks by capitalization. In downturns, there aren't meaningful differences - see the February 19, 2020 through March 23, 2020 period when everything was taken out to the woodshed. Despite what is shown here, most stocks go down in

How strong are the major indexes 2023-04-12?

With no fanfare other than to say you will not see this anywhere else, please see below for comparisons between the three major indexes and the Dow 20 and 15. This analysis method is original and is unavailable anywhere else. Applied to indexes, this is more interesting than valuable. Applied

Banking strength status as of 2023-04-11?

This is a continuation of this last bank-specific post during that industry's terrible, no-good period. I've touched on Banking in other more recent posts such as here and here. The update is that the regional/smaller banks are still drastically weak with no sign of upward

Energy strength status as of 2023-04-11?

This is the follow-up to this post which measured industry/sub-industry strength prior to the OPEC surprise production cuts announcement. Here is a look at the strongest stocks today and on 3/31/23. 4/11/23 - 19 strong stocks: 3/31/23 - 13 strong stocks: Downloadable report

Real Estate status as of 2023-04-10?

The Real Estate industry has settled down over the past month. However, it remains Weaker. The reason is reflected in the following graphic.  This shows the few "Strongest" stocks in the industry listed above the many "Weakest" Real Estate stocks (#notstockrecommendations). (Note Life Storage/LSI has

Broad Line Semis still strong 2023-04-05 but have weakened

Never a prediction, always a measurement... the Semiconductors - Broad Line sub-industry has objectively weakened. This applies over one- and two-week periods, and over one- and two-month perspectives. No idea if this will continue. No one else does either. Perhaps the four strongest - Broadcom/AVGO, ASE Industrial Holding Co.

2023-04-03 Gold rally continues

This is a follow-up to this early March post where I asked "Did you know that all metals & mining sub-industries were strong this week?" and "Do you know if this is just a one-hit wonder or is it the start of a long-term uptrend?" The

Energy sub-industries were weak but strengthening 2023-03-31 (before surprise OPEC production cuts announcement)

Saving this here to re-visit at some point. What will be the impact of these cuts on energy stocks? Other than Oil & Gas Drilling & Exploration, the remaining five Energy sub-industries strengthened over the two weeks prior to the weekend of the production cuts announcement. Downloadable report Detailed stock-by-stock

S&P500 and NDX vs Energy and Metals 2023-03-29 - broad strengthening

Comparing two indexes to two industries, there is broad strengthening. Downloadable reports S&P500 vs. NDX vs. Energy vs. Metals Summary perspective of these four market areas linked below. SMO SP500 NDX vs Energy Metals 2023 03 29 SMO SP500 NDX vs Energy Metals 2023-03-29.pdf 2 MB download-circle

S&P500 vs Financial sector 2023-03-27 - all weak/weaker, and why has insurance company LNC fallen 61% in 5 months?

This post provides a detailed comparison of the four industries within the Financial sector. As expected, none are knocking the cover off the ball in a time of rising interest rates. But are those rates going to start falling? If so, are these industries off to the races? Or are

UNLIKE OTHERS: Focus on One Action, not Many Traits

If you are looking for the "same ol', same ol" there are countless websites offering fundamental analysis and price charts and economic data and any other data you could want. You'll find none of that on this site. The scarcity today isn't data.

Sector Risk Gauge 2023-03-22 - where are we right now?

Following up this post, this new post shows the current Sector Risk Gauge. Introducing Strength Scores (new concept) For reference, the Strength Scores (a new concept to be introduced) are as follows: 2023-03-22: Strength Score -33%, with a POSITIVE trend 4.7% 2023-03-17: Strength Score -46%, with a NEGATIVE trend

Real Estate 2023-03-22 can't buy a break... 2 stocks up out of 177 today and since 2023-03-08

Following up this detailed post from last Friday which illustrated the difficulties in the Real Estate industry, the industry had another dismal day today after the Fed raised rates by 25 bps. Commentators remarked on whether Fed Chairman Powell's remarks were hawkish or dovish and then got more

Utilities Weaker 2023-03-21 with pandemic era 4- and 8-week context

Utilities stocks aren't exciting and they are worse when they aren't going up. As shown in the following graphic, they have been weak over the past four weeks and are not well at the moment. Gas Utilities is slightly less weak than the other sub-industries but

Leisure 2023-03-21 with pandemic era 4- and 8-week context

This post ventures into new territory to show how it can be used for longer term periods than 4-week perspectives. Typically I'll show a reverse week-by-week look culminating in the most recently-completed week. For those who prefer longer term looks, this method can provide those. In this post

Strength in Electronics 2023-03-20 (includes Semis)

Amidst the dreariness associated with the you-know-what industry that has been hogging all the headlines, the Electronics industry has been holding up well. What is going on in the Semiconductors - Broad Line sub-industry? Can you explain why that has held up? Even if you did, would you be right

Gory Real Estate Details 2023-03-17 (office has been leading down but struggles abound industry-wide)

This is follow-up detail to the Real Estate summary provided in this post. Much has recently been written in the press about the struggles for the office sector given macro trends such as WFH. The fact is, the entire Real Estate industry is currently on the ropes, as you'

Summary comparison 2023-03-17 Banking and Real Estate (terrible shape) vs. Major Indexes

The downloadable report linked below reflects the following: SMO TOC 2023 03 17 SMO TOC 2023-03-17.pdf 2 MB download-circle - Growth is slightly but not materially better than Value (for the S&P 500) - Banks and Real Estate are worse than the overall market (per the graphic

Meaningfully comparing disparate industries 2023-03-15 (Banking vs. others)

💡Over the past week in these five industries only two of 40 sub-industries strengthened: Gold and Silver. Following up this post which was a one-day break from looking at bank stocks, today I compare those stocks with Real Estate, Metals and Mining, Computer Software, and Electronics. Some stats - you

Comparing disparate industries - how do YOU do it meaningfully? (2023-03-14 Automotive vs. Energy vs. others)

How about a break from bank stocks? We could all use one. Let's assume you want to see where there are other areas in the market worth focusing on. How do you determine what areas are of interest? Some use "heat maps" that show comparative performance